Quote from: Rikafip on May 10, 2024, 02:18:33 PM

Quote from: EarnOnVictor on May 10, 2024, 12:30:13 PM

Hahaha...I am just seeing this now, well, Changpeng Zhao has already been sentenced already, but I must say that I am not satisfied with the jail term handed to him.

All of you who expected that one of the richest persons in thr world (who also pleaded guilty) will gte a long term sentence over something like this is extremely naive. Tbh, I am surprised that he even got those 4 months, let alone 3 years as demanded by prosecution.

There is no naivety here but a preaching of justice, and a show of the fact that the justice system is bad, at least in some cases like this. If a huge money could be laundered where terrorists, drug barons, and child and human traffickers are the end gainers, and the pusher of the money was caught and has such a reduced sentence. Such would never sit down well with someone like me, I don't know of you.

He should have even been forgiven with no jail term since that is what you seem to want.

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Quote from: EarnOnVictor on May 10, 2024, 12:30:13 PM

The 4-month jail term handed to him is too little and I think that regardless of whether he pleaded guilty or not, the 36 months (3 years) was supposed to be a more appropriate sentence in my opinion to be a deterrent for others like him.

Do you honestly believe that even 3 years in prison would be a real deterrent for someone not to engage in money laundering that can bring him billions of dollars?
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Yes, it will be a deterrent for them. Maybe you should do the calculation of the 4 months they slammed on him x 10 + an extra 2 years or thereabout. If he spends a minimum of such in jail with hard labour at the same time, can you compare it with the luxuries of his home and the social life he would miss?

Of course, he can't be kept in jail forever, but one punishment outweighs the other, and hence the deterrence.

Quote from: buwaytress on May 10, 2024, 02:00:29 PM

Quote from: EarnOnVictor on May 10, 2024, 12:30:13 PM

They will continue the money laundry and illegal acts simply because they have money. This is also the reason why I keep asking myself whether the law is for the poor alone as the rich due to the money they have and their status in society always find their way around it to either escape justice or be served a minimal one.

Age old question, and there are plenty of outliers with the small guy winning for once, but the law, as long as it's politicised (which it is), can only favour the status quo. Of course, we get upheavals where the letter of the law crumbles and the status quo is replaced in bloody fashion, but the cycle only renews then.

We're all trying to be part of that, at least I realise it =D

That's a very good one...The justice and equality preached are not equal. That's the world we live in.