It also proves the point that he won't be leaving his wife any time soon. Otherwise, why lie? And that's not good news for my W.
I think it is good news for your W, (not that she'll be thanking you for it any time soon ). Hopefully, your actions have prevented her from becoming further involved with a guy who is lying to her and stringing her along. Now maybe, she will have a shot at mending her marriage to a good man.