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Notes -
Why? Hopes of him getting arrested fell after the MSM were running what could only be described as kids' gloves stories (if not outright puff pieces), giving ample cover for the "it was just a mistake" scam he was doing. The media is owned by powerful interests in any society, and so how they treat a person is often indicative of that person's social standing (which isn't the same as their financial muscle).
Even leading CEOs in the industry, like the guy running Coinbase, was publicly admonishing the media for going supersoft on him. The fact that many people are surprised over this development is a testament to the extreme deference he was shown.
Moreover, it wasn't just the media. It took the authorities a long time to get to this. They now claim it's a slam-and-shut case of fraud. Newsflash: it always was. So there was likely deliberation, otherwise he'd have gotten arrested weeks ago as his scam wasn't particularly sophisticated, as the SEC now acknowledges.
What made the scales to tip over, we'll never know. But I am not willing to bet that he will be persona non grata forever. He may be stupid in finance, but he's politically savvy. Look at someone like Michael Milken. He went to prison for securities fraud and has now re-invented himself as a benign political benefactor. SBF may still have a few cards to play, even if he gets indicted.
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