Court Orders UK Man to Pay $571m for Operating Fraudulent Bitcoin Trading Scheme

Re:Court Orders UK Man to Pay $571m for Operating Fraudulent... by cosmodisk on Monday March 29, 2021 @07:34AM (#26620135)

Not sure if it's applicable in this case,but the UK has an interesting concept where you might end up in a prison with additional years piled on for failure to pay the outstandings.There were some high profile cases were VAT fraudsters kept getting additional years for failing to pay the taxman.

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Re:Court Orders UK Man to Pay $571m for Operating Fraudulent... by londons_explore on Monday March 29, 2021 @07:59AM (#26620321)

You won't get prison for the inability to pay... But you might get prison for deliberately not paying even if you can pay, or for lying on government forms/falsifying records.

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Re:Court Orders UK Man to Pay $571m for Operating Fraudulent... by cosmodisk on Monday March 29, 2021 @09:56AM (#26621598)

I could have constructed my previous comment better: yes, nobody's going to prison for sime non-paymens but rather fraudulent activity and failure to compensate the victims of such actions.

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Re:Court Orders UK Man to Pay $571m for Operating Fraudulent... by fjeifisjf on Monday March 29, 2021 @08:35PM (#26630067)

The US governments love putting people in jail for inability to pay fines. But mostly <$1000 fines and poor people.

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