Lets say you murder 3 people, go to trial and are convicted on 3 counts and given 3 life sentences.
Then lets say one of the sentences is overturned/appealed the others can still stand.
Now 11k seems rather insane, but if you commit 11 thousand infractions and each one comes with a years sentence then you can get weird outcomes like this. That or the court system is insane, I don't have any interest in learning Turkish law at this point to see which one applies here.
he shut down an exchange with 2 billion dollars in assets in it... that's almost certainly a lot of different counts of whatever they charged him with. ianal but each person in the exchange that he defrauded probably gets a charge.
Double or triple life sentences matter in most jurisdictions. First, "life sentence" in many places means something like "life sentence, or 20 years with good behavior or parole", so a double life sentence makes release less likely. Second, multiple life sentences usually come from different instances of the offense, so it reduces the chance that a single appeal or reversal will release the convict (for example, someone who gets 4 life sentences for killing four people and then it's discovered that one of the victims actually died of something else, the convict would still have 3 life sentences to serve).
> Thodex was one of Turkey's largest crypto exchanges before it suddenly went offline in April 2021 and Özer went missing ... without access to deposits of $2 billion in cryptocurrencies.
A billion is a thousand million.
5.5 years per million stolen isn't that much.
You can't fix inflation of national currency by just not using national currency and switching to grey money used mainly by criminals like DPRK or Russia to bypass sanctions and get paid from cybercrime.
Actually switching to crypto and resulting lower demand for national currency would be part of the problem increasing inflation.
Russians still use ruble, usd, rmb, yen, rupees and barter trade EASILY. Half the world trade data now gone dark. Just go read up Russians still working with Japanese on the oil rigs there. Chinese banks still trade with Russians. Gold still flow thru international market from Moscow thru China thru India thru any buyers even if he is sitting next to Biden. Get a friend who lives in Moscow or any cities in Russia. They are not facing sanctions starvation. They actually having economic boom right now. Their supermarkets are actually fully stocked. While my local walmart store closing down due to thieving.
russia and north korea saw that making western companies (some of which can pay up more than entire government budget in some of these countries) transfer rub or whatever is not working for many reasons (eg. if banks allowed it it would implicate the government etc). So their ransomware gangs use crypto now.
Russian ruble exists in name only. Well, it is used in country as normal for now, but it's nearly illegal to buy foreign currency in useful amounts so official exchange rate means nothing.
In truth if you want to actually help Russians/NKoreans, cutting money supply/laundering mechanisms for the elites would be a big step in that direction and crypto is a big big part of that now.
Ah. Good luck having stable economic life if your "national currency" jumps wildly due to random pump-and-dumpers or ransomware payouts and can go to zero the next day.
Edit: thanks to all who actually engaged in discussion with me! I'm rethinking this now. Original post follows:
Non-violent crimes should not be punished by imprisonment. Let the offender do some civil service, be banned from the internet, forefit their assets to the victims and the state. Save prison for violent offenders.
Certainly! I know a guy who got laid off recently, and he has a child with a sensitive medical condition who was relying on the guy's no-longer-existing health insurance for essential medical treatment.
Should the managers who organized the layoff go to prison?
That's more a feature of the messed up way US ties health insurance to employment, isn't it? Very few layoffs venture close to criminal territory, more part of how business works.
Stealing money and fraud are very serious crimes, because they have the power to completely destroy a person's life, just as much as a punch or a kick can, in fact much more.
Let’s say you run a successful Ponzi scheme. You get ten thousand investors to fall for your fraud, and lead them to believe wholeheartedly that their money is safely invested in your scheme. When it collapses, the financial turmoil is so great it causes 0.1% of your “investors” commit suicide. In this case your fraud clearly had a strong influence on 10 people ending their lives. It seems to me in this case there is some argument for imprisonment in this case, as you would definitely go to prison for causing 10 people to die in other circumstances.
The total impact of non-violent crimes can be much worse; a blanket rule like that wouldn't make much sense.
Would you rather be robbed at gunpoint with no physical harm and lose $100, or have your retirement savings entirely disappear in a fraud? What if that goes for 1000 other people also?
"I will never see the world again" by Ahmet Altan [1]
Great book by a writer who was locked up "for life" by the indiscriminate purge in the aftermath of Turkey's failed coup. The book is about the power of writing and the imagination even from behind bars.
Spoiler: Ahmet was released from prison (and re-arrested and re-released) [2]
I wouldn't recommend anything written by a Taraf worker to anyone. For years, they had been publishing blatantly made up stories about "Kemalist military planning yet another coup against Erdoğan" and slandering some generals specifically, costing the generals their lives. When asked a source for all their claims, they answered "someone drops secret documents in front of our door".
This dude, along with Erdogan has many innocent people's blood on their hands.
It is very funny how Erdoğan's Islamist friends suddenly became the victim after they fell apart, while they were the ones doing his dirty work. Their tyranny killed thousands, and negatively and directly affected the lives of millions, including schoolchildren who couldn't enter a decent university they deserved because cultists literally distributed the answers of the entrance exam in their "cram schools" to their students. Anyone going against them had their lives turned to hell.
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[ 1.2 ms ] story [ 1998 ms ] threadJust as dumb as a double or triple life sentence.
Lets say you murder 3 people, go to trial and are convicted on 3 counts and given 3 life sentences.
Then lets say one of the sentences is overturned/appealed the others can still stand.
Now 11k seems rather insane, but if you commit 11 thousand infractions and each one comes with a years sentence then you can get weird outcomes like this. That or the court system is insane, I don't have any interest in learning Turkish law at this point to see which one applies here.
A billion is a thousand million. 5.5 years per million stolen isn't that much.
Actually switching to crypto and resulting lower demand for national currency would be part of the problem increasing inflation.
russia and north korea saw that making western companies (some of which can pay up more than entire government budget in some of these countries) transfer rub or whatever is not working for many reasons (eg. if banks allowed it it would implicate the government etc). So their ransomware gangs use crypto now.
Russian ruble exists in name only. Well, it is used in country as normal for now, but it's nearly illegal to buy foreign currency in useful amounts so official exchange rate means nothing.
In truth if you want to actually help Russians/NKoreans, cutting money supply/laundering mechanisms for the elites would be a big step in that direction and crypto is a big big part of that now.
I don't see why its true. In fact, the opposite seems to be more or less obvious if you insert "new" and "old" correspondingly.
Non-violent crimes should not be punished by imprisonment. Let the offender do some civil service, be banned from the internet, forefit their assets to the victims and the state. Save prison for violent offenders.
Should the managers who organized the layoff go to prison?
Would you rather be robbed at gunpoint with no physical harm and lose $100, or have your retirement savings entirely disappear in a fraud? What if that goes for 1000 other people also?
"I will never see the world again" by Ahmet Altan [1]
Great book by a writer who was locked up "for life" by the indiscriminate purge in the aftermath of Turkey's failed coup. The book is about the power of writing and the imagination even from behind bars.
Spoiler: Ahmet was released from prison (and re-arrested and re-released) [2]
[1] - https://www.goodreads.com/book/show/44422074-i-will-never-se... [2] - https://en.wikipedia.org/wiki/Ahmet_Altan
This dude, along with Erdogan has many innocent people's blood on their hands.
It is very funny how Erdoğan's Islamist friends suddenly became the victim after they fell apart, while they were the ones doing his dirty work. Their tyranny killed thousands, and negatively and directly affected the lives of millions, including schoolchildren who couldn't enter a decent university they deserved because cultists literally distributed the answers of the entrance exam in their "cram schools" to their students. Anyone going against them had their lives turned to hell.