Comment by code_biologist

... literally all of the SPAC mania was about circumventing regulation and defrauding shareholders in public markets. All of the SPACs are worth a fraction of what they were at listing. I don't see anyone being prosecuted.

Edit: I take that back, [1] this guy got prison time. Do Chamath next.

[1] https://www.justice.gov/usao-sdny/pr/former-ceo-special-purp...