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.

  • wavebeam@lemmy.world
    link
    fedilink
    arrow-up
    13
    ·
    1 year ago

    Some more for ya: The fine started as a 50k fine, but then doubled every day it wasn’t paid. So it only took them a few days to actually pay it to stop the fines.

    • pitninja@lemmy.pit.ninja
      link
      fedilink
      arrow-up
      7
      ·
      edit-2
      1 year ago

      That’s good to know! I was initially confused about how you double a $50k amount and get to $350k, but I’m guessing it works as an additional fine every day and is like:

      • Day 0: No fine
      • Day 1: Add $50k
      • Day 2: Add $100k
      • Day 3: Add $200k
    • dan1101@lemm.ee
      link
      fedilink
      arrow-up
      6
      ·
      edit-2
      1 year ago

      Now that is more compelling than a $350,000 slap on the wrist. That was a rapidly approaching trainwreck they were naturally interested in avoiding.

      • TommySalami@lemmy.world
        link
        fedilink
        arrow-up
        7
        ·
        1 year ago

        Which is honestly how I’m starting to feel all corporate fines should be. You want to slow walk a solution or request for a few days to feel big, you can do that for a few hundred thousand or more (that’s free money baby, and it should be put towards the public). You want to actually play hard ball? You will be staring down the barrel of complete financial ruin.

        Now if we can just add more opportunity for criminal charges I’ll be happy.