> Things working out in the end doesn't make what he did not a crime at the time

Morally speaking, no. Practically speaking, it does. He would not have seen jail time.

>Morally speaking, no. Practically speaking, it does. He would not have seen jail time.

It's literally exactly what Shkreli got 7 years for, even after repaying investors. If you defraud money from someone and put it back before they find out, it's still a crime. Fraud is about intent more than anything else, and they proved it for SBF.

Practically speaking I think everyone involved would've had a good incentive to brush it off behind closed doors and not rock the boat. Crypto is entirely based on vibes (there are very few - if any - legitimate applications) and rocking the boat would cause losses across the entire industry.