To be fair, I don't know any of the facts
From your incredulity so far, it is
quite evident that you don't know any of the facts. Before you dig your hole any deeper, you might want to learn something about the facts of the case, as uncovered by independent non-professional investigation (the SEC ain't gonna share their files with you, you need another source):
https://bitcointalk.org/index.php?topic=857670.0You might want to prepare a bushel of coffee beans before you launch in. Thread is long. Evidence is copious. And while some skepticism about actions brought about by agencies of the government is healthy, you're just making yourself look stupid by assuming that this is nothing more than malicious prosecution.