Re:SEC charges Kim Kardashian for unlawfully touting crypto ...
by disgruntledphd2 on Monday October 03, 2022 @09:12AM
(#33067016)
It looks like the fine was much more than she got paid.
Re:SEC charges Kim Kardashian for unlawfully touting crypto ...
by kennend3 on Monday October 03, 2022 @09:42AM
(#33067377)
I still find the whole idea of "settling" for money instead of going to court and getting a guilty/innocent ruling troubling.
This is not offered to "poor" people, so we have a clear two-tier justice system.
Wealthy and get in trouble - "fines"
Poor and get in trouble - court, potential jail time.
Re:SEC charges Kim Kardashian for unlawfully touting crypto ...
by ensignavenger on Monday October 03, 2022 @01:18PM
(#33070621)
> This is not offered to "poor" people, so we have a clear two-tier justice system.
This is absolutely not true in the US. Poor people are very much encouraged to settle without going to trial. In fact, the vast majority of all cases are resolved that way. Poor people relying on public defenders tend to get pushed into settling more easily than wealthy folks, even.
Indeed, it is the lack of public defenders that create a two-tier justice system more than anything in the US.
Re:SEC charges Kim Kardashian for unlawfully touting crypto ...
by disgruntledphd2 on Monday October 03, 2022 @12:05PM
(#33069403)
Totally fair, I was just replying to the notion that she'd made more from the scam then she paid in fines.
You did not read the link at all, correct?
It clearly states that in places like Finland traffic violations are where you see "day fines".
> It seems to me that it is a question of the purpose of the courts.
The purpose of the courts is to interpret/enforce laws. Government creates these laws based on the will of the people.
If the purpose of the laws is not to "dissuade behaviours" why do we put people in jail? Isn't the whole purpose of the jail system to remove freedoms so they can think about their actions and not do that again?
Taking peoples money via "fines" is also intended to "dissuade behaviours" so your point is unclear?
The problem is the system has become somewhat of a joke.
Large bank creates thousands of fake accounts and earns millions in fees. Large bank is fined an amount below their "ill gotten gains" so the fine is nothing but a "cost of doing business". They are still ahead of the game at the end of the day.