The certificate is hard-coded in the binary, most certainly.
Also, TPB has trusted uploaders, so you can be reasonably sure you aren't installing malware. I'd wager many of the cracking groups have a higher reputation than EA.
If you will install a crack, you will install a crack, no questions there. But if don't hard-code a CA then people who might otherwise be hesitant to pirate because it involves a crack program would be perfectly happy to follow a couple steps they find in a blog post.
they are already nearly indistinguishable from malware.
your average anti-virus program will flag a cracked executable every time, and you can routinely spot the less savvy users by viewing any torrent comment section and looking for "AVG FLAG AS TROJAN DO NOT DOWNLOAD"
Seeing how much effort EA have put into preventing piracy of this game (to the extent that it hurts their paying customers a great deal), I would be very surprised if they made so silly a mistake.
Of course none of that is impossible to break, and there is a point of diminishing returns (when it's easier to try to change the certificate loading code).