I suspect a lot of 'conspiracy theories' are based on what people want to be true rather than on actual evidence. Didn't someone say that extraordinary claims need extraordinary evidence? All we tend to get is some on Youtube making 2+2 equal 5. But sometimes there may be some element of truth. I don't think anyone has proved that COVID came from a lab, but some scientists say it is worth looking into. If it does turn out there conspiracy mob were right it still doesn't mean we live on a flat Earth controlled by lizard people.
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We already proved the Earth is round, centuries ago. But, before that, people who claimed the Earth is round and spinning around had a really hard time and had their fair share of burdens.
My point is that every belief is a theory, until it's proven true or false.