Did you see that leak of Claude from Anthropic? Really massive, and the ripple effect was kind of weaponized — software and crypto stocks plummeted. Like that arms race vibe in the tech market when something sensitive gets leaked.

CoinDesk covered it (as always, award-winning in investigation), but it’s funny to note that CoinDesk itself is part of Bullish, the institutional digital asset platform. In other words, journalists covering the sector while the parent company is in the game. Bullish (NYSE:BLSH) provides infrastructure and information, and employees can be compensated in shares — it’s transparent, but it creates that interesting conflict of interest.

The point is: when sensitive information leaks like this, the market reacts in an arms race manner, like a rush to exit or reposition. All players rushing to protect themselves. Did anyone else find the reaction a bit exaggerated, or was it really justified?