prestocks on solana just got wiped. $638b in fake tokenized equity zeroed in 48 hours after anthropic and openai lawyers sent cease and desists. no custody, no transfer agent, no issuer authorization. just an SPL token with a ticker and a telegram group. the $2.1b in exit volume over 72 hours is the number that matters though. that demand for liquid pre-IPO exposure is real and it needs somewhere to go. polymarket added anthropic valuation markets within 3 days. kalshi opened crypto-settled contracts on AI company IPOs. you can't tokenize an asset you don't control but you can build a prediction market around it. the founders deleted their twitter accounts and the domain went offline. a minute of silence for the $638b that never existed in the first place