Andy is acused of buying “options in Acacia using the accounts of a close relative and associate.”
Is it possible he passed on information to these other individuals, and lent them the money to make the trades, but he wasn’t intending on profiting himself ? And he’s taking the rap because, yes he’s actually guilty of crimes.
I admit this is a generous and perhaps far fetched reading of the situation, but it’s bizarre that he’d risk the wrath of the SEC for a tiny gain in his individual fortunes.