I wouldn't say "that's nothing." And the O'Keefe thing is certainly problematic, but it's worth noting that the investigation was for purchasing stolen goods/information.

Obviously not many <$20 stolen objects would warrant an FBI raid, but also if it were actually worth <$20 then Veritas wouldn't have paid $40,000 for it.

AFAICT their journalistic immunity basically got them out of charges for buying goods they knew to be stolen at time of purchase, which is federally illegal under 18 U.S.C. § 2315 and separately illegal in all 50 states.

Kind of a key point in that – the whole purchasing stolen information thing.