If he really did this, he's going to prison, but not for a few years. Defrauding shareholders is one of the worst things you can do, because it attacks the system directly.
... 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.