Special counsel Jack Smith’s team obtained a search warrant in January for records related to former President Donald Trump’s Twitter account, and a judge levied a $350,000 fine on the company for missing the deadline to comply, according to court documents released Wednesday.

    • Badass_panda@lemmy.world
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      1 year ago

      Iirc this fine started at $50k and each day of noncompliance. Another fine 2x the size of the prior days fine was added.

      So noncompliance for another day would have cost another $400k, then $800k, then $1.6m, and so on. By day 30 of noncompliance, the fine would be over $5 billion.

      • Honytawk@lemmy.zip
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        1 year ago

        Why the minimum amount?

        If a homeless person on the street is fined 100€, they won’t be able to afford it.

        No, just keep it a percentage and keep it simple, or loopholes will be found.

        • whatisallthis@lemm.ee
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          1 year ago

          Because if there was no minimum I’d just declare bankruptcy and commit crimes for free all day

          • dangblingus@lemmy.world
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            1 year ago

            And never ever again be offered any kind of credit product. You might not even be allowed to open a bank account or invest money. Say goodbye to ever having the THOUGHT of owning a house.

            • whatisallthis@lemm.ee
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              1 year ago

              What do you mean. I’d only have to declare bankruptcy once. Then commit some big crime for free. Then I’d go back to my normal life.

              • _haha_oh_wow_@kbin.social
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                1 year ago

                I believe you have some serious misconceptions about how bankruptcy works but I don’t really have the time to explain it to you. The gist of it is that it’s not that simple and is certainly not guaranteed for everybody.