Wrt Something Awful and EVE:
The short version is, SA had a chunk of space, a higher-up of a rival faction that had an even bigger chunk of space gave the SA guys all kinds of access to the latter's management accounts, pretty much for the lulz, and SA summarily took it over, shutting out all the other top guys in that faction, and triggering a free-for-all territory grab. The old faction cried hax, but there was no hax, so admins said 'deal with it'. Then SA got bored with EVE and left.
I mighta skipped some details there, but that should give you an idea what kinda world it can be. It's Somalia in space, with more dedicated pirates and higher finance.