Wrong.
CODE is a cult of racketeers and criminal organization. Majority of CODE pilots are not welcome in high security space and I can with ease shoot them down if they dare to approach me.
On the other hand, with me breaking their so-called Code itself or whatever they made up as a set up of rules for their behavior - they can’t do ANYTHING to me. If they attempt to destroy my ship when I will be in high security space, they will be utterly obliterated. I had experience of dealing with them in high security space, I mean, I could have said with ‘CODE menace’, but in fact, they aren’t even menace, it’s just too easy. They’re cultists who suicide their ships to kill innocent industrialists, violating the law and bringing nothing but death and chaos in high security space. And despite if they succeed in killing them or fail - they always lose ships.
Code always loses. Such losers can’t rule anything.