I think this is the best thing that has been said:
"Mario Andrada, a spokesman for the Rio organizers, said he was relieved that the story had turned around.
"Let's give these kids a break. Sometimes you take actions that you later regret," Andrada said. "Lochte is one of the best swimmers of all-time. They had fun, they made a mistake, it's part of life, life goes on, let's go.""
A rap on the knuckles. Public humiliation in the press. That's enough. They won their medals and no one wants a gold when they didn't win the race.