How much did she get from this crypto deal? 400k? Then her work lost her almost 3x the amount she made. Is she willing to keep paying to work? I don't think so.
How much did she get from this crypto deal? 400k? Then her work lost her almost 3x the amount she made. Is she willing to keep paying to work? I don't think so.
This means I should be able to steal at the supermarket and if caught, only pay for what I stole?
Now go rob a supermarket with a firearm and that's a different story.
Steal $1,000 though and that’s a 3rd degree felony with up to 7 years in jail and $15,000 fine.
And this is barely fraud btw. The only reason she is being fined because they they didn't file a form with the SEC for approval which would've meant they could only sell to "accredited investors".
Don't you see they are lettering pissing at you. They think your too stupid to invest. You supposedly live in the most free country in the world but you need permission from the government to invest your friends company (or for your freind to ask u for investment). This is the world you want? parasite.
Specifically, that's based on (aggregate) income, not net worth, but it still intends to be more proportionate to avoid making crimes legal for rich people.
There was actually a recent case in Germany of a wealthy man taking to court over a traffic violation fine, the fine being upheld in court and subsequently corrected to a much larger fine because the original fine was based on a much lower estimate of his income and by challenging it he had to reveal his actual income.
Of course the problem with linear scales like this is that wealth doesn't scale linearly (e.g. the practical difference between an income of $10k and $0 is much greater than between $10k and $20k) but it still seems more reasonable than "punishing based on the impact" alone if it is after all intended to be a punishment (and it clearly is, otherwise we wouldn't have prisons).
Here is an example from Finland where someone received a 54.000 Euro speeding ticket: https://www.bbc.com/news/blogs-news-from-elsewhere-31709454
https://en.wikipedia.org/wiki/Decimal_separator#Digit_groupi...
It has been "ruined" by typewriters and computers, in hand writing the normal way here was to use a "high" dot to separate thousands and the comma for decimals.