I don't think he'll rot in jail, but he'll have to spend some period there.
The worst thing is that he cast a shadow over the whole crypto world with this act. A lot of people don't really trusted it before and especially after that.
Although not rotting in prison I hope he receives a fitting punishment.
Maybe get some welcome gifts from other prisoners.
I agree with you that you must be smart, have experience in trading, constantly improve your skills, be patient and self-disciplined, but this absolutely does not guarantee that you will be successful in trading. It's increasing your chances, but not give a guarantee. You used the word "luck". I'm talking about it
FTX has been the cause of all the drama lately, making the crypto world even more shunned, but also giving everyone the realization that no CEX is safe even if they are at the top of the rankings.
Luck is a phrase that might be different for everyone. Luck will only come for those who dare to take risks even though there will be no guarantees.
Experience and good trading skills will be the basis for the luck to come.
Trading is not a way to get rich quickly, but a gateway to wealth, and also investment is the best way to grow wealth.