Penalties that are lower than profits encourage companies to rob consumers again in the future.
The cost of doing business
“When the punishment for the crime is less than the profits made committing the crime, that is legal immunity. It’s a very, very loud signal in a system of democracy that says, ‘Do it again, only this time, leverage more!’“ - Andreas Antonopoulos
Yes. Should have been something simple like “pay back every customer you fucked over the money they were robbed + how much that money would have made on the stock market since you stole it”
That’s still just compensatory damages. They need punitive damages on top of that!
So they’re going to knock it off with their stupid subscription model software though, right? Right?
thats gotta be, what, 1% of the profit they made from this?
It’s plenty enough to teach them to do it again but worse.
