What has not been acknowledge, is it seems SBF is a crook, as well as incompetent in business -- despite his math / physics degrees from MIT, or his parents each as law professors at Stanford. And likely it will soon be realized, he may never have been worth a billion -- and certainly not the 30 billion mentioned in many articles. Cooking the books can generate all kinds of numbers. It would seem that the book, & possible movie, will be too early to find SBF in jail. https://www.marketwatch.com/story/t...collapse-report-11668457317?mod=mw_latestnews
Despite it is a big story, he (SBF) has no choice to do so, because he needs every penny now. But actually I cannot think of a (potential) upcoming blockbuster movie that would pay off his debts (nor his actual "wealth").
Like most criminals, all revenue from book, movie -- & even T-shirts -- will go to pay creditors. And with 100,000 creditors, & more than 100 companies, across the globe, this could turn into a major mini-series.
But to his debts, what are the consequences to him ? Does he get homeless or even gets a second chance, or will he stay 100s of years in jail probably ? What will happen ?
% % Sorry so many missed the early education [ metaphor]. The Pied Piper of Hamelin. Looks like the Ontario Teacher's Pension Plan [OTPP] never read that metaphor. But strangely+ , OTPP first invested $75 million , but careful to keep second investment smaller ,$20 million [$242 billion AUM] Many in the financial press seemed to be impressed by the volume following the Piper??