This is the key insight. You don't have to commit a gross violation, like using a patently illegal structure. But if all these SPAC offerings failed in a simila

This is the key insight. You don't have to commit a gross violation, like using a patently illegal structure. But if all these SPAC offerings failed in a similar way, with the same parties repeatedly profiting from the same kinds of duff deals, with the same kinds of bag holders being sold the same line, there is a good chance they all skirted the law in similar ways.