@Laissez-faire or double standards?
"What's the difference here?"
The difference is that you can purchase time cards out of game, but they do not have any guaranteed resale value in game, and are subject to the whims of the eve economy and the laws of supply and demand. Although time card buying and selling does provide a way to convert real world money into in game cash, they do not provide any way to turn ISK*, the in-game currency, into real world money, which is what the individual did.
Had he done this heist then used the ISK to purchase enough timecards to play for free for years, I wonder how CCP would have reacted?
Pirate cos, well, its Eve :)
*ISK = Interstellar Kredits, but also Islandic Kronor. Funny guys those icelandics :)