It’s both, but the honey trap provides both motivation for the traffickers and it means everyone involved should be considered compromised by foreign states. If it were only a pedo ring, it would be bad but that’s pretty much where the conspiracy would stop.

But with a verified honey trap, it needs to be assumed that the named people are now (and have been) acting on behalf of a hostile foreign nation who has mountains of blackmail on them. And reframing those implicated peoples’ motivations from “they’re just seeking power for themselves” to “they’re aiding a hostile foreign nation” shifts things from “selfish and power-hungry” to outright “high treason”.