I think you are mistaken. there are government agencies that are there as regulators of everything. Our government is responsible for crime prevention at state and federal levels but people still sue in civil court without the assistance of government agencies. Fraud, theft, personal injury are all handled at personal levels and without the expectation that the government will do the job for you.
The shareholders of Spongetech has a civil fraud claim they allege. it is their, and not the government's, responsibility to prove that claim. if proven these shareholders can sue the accused and the government if they choose. This is not criminal fraud the shareholders claim, this is civil fraud and thus civil restitution is based on civil claims brought by those cheated.
shareholders in SPNG INVESTED based on an expectation of a short squeeze not on fundamentals and they are now receiving the rewards of poor due diligence.
