The fact he actively manipulated the price on behalf of early whales isn't going to sit well with the regulators and authorities.
If someone changes a variable or formula in a code, it's up to the people to start using it (or any other change) or not. That's what consensus is. Regulators and authorities (lol) can sit with that fact all they want.
If I remember correctly it was a community choice or do I remember correctly?
And now there's a voting mechanism in place, for future changes etc....