Subject: Re: Inside the Trump SPAC IPO Debacle
I can imagine the feds not doing much. Certainly, the stock could collapse (probably not to zero, but maybe to the pink sheets). But the wheeler-dealers in the stock market almost never pay the piper. I'd be surprised if they actually did take any action. Though they did nail Bankman-Fried. Probably because he cheated other wheeler-dealers whom didn't like it. If it was just the little guys, likely nothing would have been done.