"The crackdown has raised questions about ownership and risk in the private market, with some experts saying it marks the beginning of a reckoning over modern private markets and the use of shadow ownership structures."
[Anthropic Stock Crackdown](https://www.bloomberg.com/news/articles/2026-05-18/anthropic-sends-jolt-through-the-market-for-buying-shares-in-the-hottest-pre-ipo-startups?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3OTI4MjYyOSwiZXhwIjoxNzc5ODg3NDI5LCJhcnRpY2xlSWQiOiJURjhSVFZLSVVQVVowMCIsImJjb25uZWN0SWQiOiJGNjBDOTRGRDg5MTk0RUNDODAwRENCQzA2QkY5RUJCOSJ9.D1GFutTIzxUgOReTtR39vov2CHAxoIbJonxNrv1bIgM)
