It takes a very long time to revoke trust if you don't want to break the web. Symantec was discovered to have misissued a bunch of certs in 2015[1] (including for google.com). No one removed trust for them. Then in Jan 2017 it was discovered they misissued a bunch more[2]. I believe it was the end of 2018 before browsers finally removed trust for them.
[1] https://security.googleblog.com/2015/10/sustaining-digital-c...
[2] https://security.googleblog.com/2017/09/chromes-plan-to-dist...
An evil CA can generate fake certificates, because a CA can sign (generate) any certificate they want, because all they're doing is saying "this is legit, trust me".
People with the power to generate fake certificates for any hostname already exist regardless of the size of Lets Encrypt. Consequently LE aren't a particular threat. (And the short lifespan of LE certs significantly reduces the value of them as a target. Once the dodginess is identified, you could detrust them within a much shorter timeframe)
Comodo issued bogus certs, so did MCS. It's happened a few times over the years.
[citation needed]
If that were true, I'd expect browser/OS makers to promptly revoke trusted CA status for them.