Notes on a non-profit indicted for bank fraud

I generally enjoy Patrick McKenzie’s writing. After quickly skimming this post, I don’t see anything objectionable from a journalistic standpoint. However, I firmly believe the federal indictment of the SPLC is motivated purely by political motives. Out of all the possible financial crimes the federal government can investigate and prosecute, they target a well-known progressive organization that’s spent decades fighting for marginalized communities against white nationalists? This is a miscarriage of justice wrapped in a thin veneer of respectability.

Dupe of https://news.ycombinator.com/item?id=47973309

What are the likely long-term consequences of this? Destruction of the SPLC and imprisonment of several officers for wire fraud? Slap on the wrist? End of the widespread use of their censorship product?

What would the maximally charitable but in contact with reality [Republican|Democrat] expect or want out of this?