Pretty much what the title says. I know he’s a former president and has all of his supporters, but what’s the official reason? Thanks.
I understand what you’re saying but the logic is a little flawed.
Yes, they both committed fraud.
SBF defrauded the crypto community, his investors, and FTX users.
Trump defrauded lenders, property insurers, and various tax authorities (and via that tax fraud, the taxpayers of NY and possibly the USA.)
SBF was charged criminally and found guilty. I assure you, the civil cases are coming against SBF. And the plaintiffs will most likely win those civil cases.
Trump was charged civilly and found guilty. I assure you, the criminal cases are coming against Trump. And the plaintiffs will most likely lose those criminal cases.
That’s the true difference.
I assure you, the criminal cases are coming against Trump
Fucking when, after he becomes president again and pardons himself, or after he croaks from obesity and dementia?
After all you’ve seen Trump get away with I can’t believe that you still somehow think this little detail will matter. SCOTUS will create an exemption of some kind for him.
“White male Presidents over the age of 75 that wear predominantly red ties can pardon themselves at both the federal and state level.”
As much as I’d like to believe that SCOTUS will honor separation between state and federal, I simply do not trust our current justices. I fully expect them to say, “Nah…it’s totes cool for Trump, and only Trump, to commit crimes.”
the criminal cases are coming against Trump. And the plaintiffs will most likely lose those criminal cases.
Bank fraud seems relatively easy to charge him with. If you knowingly provide false info on a bank document, it’s a federal crime. His signature on each loan application was a crime.
You can’t tell the State of NY your building is worth $1 and tell the bank it’s worth $3. These banks literally had a procedure for dealing with his constant lies on bank documents. Large banks are federally regulated and it’s a federal crime to lie to them on your loan application.
Jesus fuck thank you, it’s so hard seeing a bunch of doomer shit in threads like this
People keep asking this. I guess it’s the new spin the Trump fascists are trying to work.
Why New York state is suing Trump instead of charging him with crimes
James seems to be taking this approach, as opposed to a criminal indictment, because New York law empowers the AG to seek damages caused by fraudulent business behavior as a form of consumer protection. The law doesn’t require the AG to identify a victim or even demonstrate anybody suffered harm. Plus, the burden of proof is lower in civil cases than in criminal ones.
“What makes this statute particularly powerful is that there doesn’t have to be a loss,” Will Thomas, a law professor at the University of Michigan’s Ross School of Business, told Yahoo Finance. “This statute has been used to disgorge profits illegally gained. The government can be allowed to claw back all of those profits. Provable nature is lower, and you don’t have to prove intent or willfulness.”
A civil suit also prevents James from bumping into the criminal case against Trump’s company that the Manhattan district attorney is prosecuting. Those two offices sometimes work together on criminal cases, as they’re doing on the recent indictment of former Trump adviser Steve Bannon. With regard to Trump, however, they seem to be pursuing complementary approaches instead of overlapping ones.
So the answer is: it’s easier to win, it’s easier to punish Trump & they can still file criminal charges after a successful civil case if more crimes are uncovered.
they’re both terrible people who deserve everything they get but sbf didn’t nominate judges to the court who can rule in his favour.
Trump subscribes to a higher justice tier than Sam does.
Civil vs Criminal. Trump got a disgorgement, it’s not a fine. He’s been ordered to pay back his ill-gotten gains, that’s not the same thing as a fine. Anyhow, a civil case can’t end in jail time. That’s not how civil cases work.
