"he took it a bridge too far" is a massive trivialization.
The guy operated a marketplace for illegal goods in order to enrich himself. The illegality wasn't just incidental, it was literally his business model -- by flouting the law, he enjoyed massive market benefit (minimal competition, lack of regulation, high margins etc) by exploiting the arbitrage that the rest of us follow the rules.
Said a different way, he knowingly pursued enormous risk in order to achieve outsized benefits, and ultimately his bet blew up on him -- we shouldn't have bailed him out.
The guy operated a marketplace for illegal goods in order to enrich himself. The illegality wasn't just incidental, it was literally his business model -- by flouting the law, he enjoyed massive market benefit (minimal competition, lack of regulation, high margins etc) by exploiting the arbitrage that the rest of us follow the rules.
Said a different way, he knowingly pursued enormous risk in order to achieve outsized benefits, and ultimately his bet blew up on him -- we shouldn't have bailed him out.