> FTX was deeply involved with powerful political contributors and those people can't be allowed to be subjected to depositions or other legal discovery.

I disagree, he was undoubtedly buying connections and influence, and a lot of the SEC/CFTC/Gensler stuff reeks of corruption, but I don't think he's been around long enough or acquired enough influence to stop heads from rolling.

My money is on him and maybe a few others eventually serving a few years. He'll then try to restore his image and start a new business with a promise of extreme transparency and altruistic purpose, but this time "with adult supervision". I honestly wouldn't be shocked if Sequoia invests in him again.