yesterday's annoucement is banks' blackmail

My understanding is that yesterday's after-market announcement on net asset position is to force us shareholders to accept the debt-to-equity swap on terms to the significant benefits of the banks. That announcement is issued to the market, right before the banks to make the final decision, perhaps at the instruction of the banks? The purpose is to create panick among shareholders so that shareholders will accept whatever terms and conditions put forward by the bank.

If that's true, it implies that BNB will survive.

Just purely my conjecture. Any thoughts are welcome.