It is unfortunate and no creditor should be exactly "happy" about the situation or completely satisfied with the outcome.

But everyone early on crypto knew there were some risks involved. And there is a chance you, or other creditors would have, for whatever reason, withdrawn and converted earlier to less USD (or even lost everything). Getting a fraction now can be a win for many. Call it "enforced diamond hands" if you like the meme...

I guess in the average case it is a fair outcome.