Is SpongeBob a blood, or a crip?
Personally I think he is a blood, because he wears a red tie.
There’s more evidence to suggest that Mr.SquarePants is working for the bikini bottom bloods criminal organization, because he is in the perfect position to gather intelligence from their rival gang, the crusty crab crips.
Mr.Krabs is already well known as the leader of the crips, (he wears blue)
So SpongeBob could be spying on krabs.
This explains why plankton always fails at getting the secret formula,
Because he never was supposed to.
Planktons actions are simply a ploy to distract Krabs from the real threat.
And that threat is Mr. SquarePants
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Sir, are you okay?