Yes, because the other 99% of the game couldn’t function effectively if ganking was free, easy, and unpunished.
Also, again, that whole “ganking is at an all time low” thing needs a source attached with some stats or it’s so much hot air. Also I can find nothing about any sort of mass-ban of all or even some of CODE’s members except for one instance from over a year ago where 20 players were banned for screwing with CONCORD per CCP, which isn’t a ganking ecosystem problem it’s a dumb players problem.