There are definitely people other than Pirate involved with GPUMax and his lending program. At one point, he told me "I have a group of coders that had it built, I have spent a lot of time on gpumax and didnt have the time to build it so I hired it out." It's concerning none of them have publicly come out, and the SEC's made no indication of even knowing them -- it's possible they never existed. If they didn't exist, I think it highly probable that "Trendon Shavers" is not Pirate.
There are either definitely other people involved or it's just a possibility. Both can't be true at the same time.
If there were other people, maybe he'll turn them over for a reduced sentence (if any).