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It already did, when the value of the coin was realised.
Expand the earlier scenario.
I make two coins, and sell you one for $100,000.
The market cap is $200,000.
My balance sheet shows $100,000 cash, $100,000 shitcoin
You B/S shows $100,000 shitcoin, -$100,000 cash.
Shitcoin goes to zero, I have 100,000, you have -100,000.
You can apply basic accounting principles that all transactions have a balancing debit & credit.
NotThamesWater
The money has to go somewhere