Considering what we knew, what other explanation is there for everything? The 8k in iTunes payments in the leaks, the admissions from Phil's former mods, his constant bullshitting around discord, his refusal to ever acknowledge it, constant attempts to sidestep any references, the flip flopping over 2fa to hide from the line account, silencing Mora when they questioned him on it? Hell, applying Occam's razor gives even more reason to believe it's him because the alternatives are far less believable.
Are you suggesting that it is far more likely that a troll spent over 100k on a mobile game, pretending to be Phil to the point of watching all his streams to know when he's on camera to play the game to keep up appearances, master Phil's boomer method of typing on twitter and copy it on discord, on an account that even his former mods claim was Phil's, and even after 2 years never break character once. On top of that they would need to gain access to Phil's phone to create a line account with his number (and we know it's still his as he after the discovery admitted he never changed his number since before the move). Or that some "innocent" person not involved in this would rather be hounded out of several in game factions even after being given multiple chances to prove it's all a misunderstanding? And if it isn't Phil, then a new question comes right back up; where is all the money going?
I don't think it'll have any real effect, since most of his audience, especially the whales, either already know and don't give a fuck or don't know and have no reason to care (like how omm doesn't watch the streams). Since he is supported nowadays out of spite aimed towards people like us. The only way it could, and it is as likely as Phil having a genuine change of heart, is if it somehow was enough to damage his bankruptcy. But the chance of that is as slim as kaht is wide.