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No, people defraud shareholders all the time these days and get away with it. Look at Boeing

What did the Boeing CEO do to defraud shareholders?

How is Sam Altman still on loose then

There is always a bigger fish, and sometimes the shareholders are the small fish and never realize.

... 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...