Sanctions were applied after the social media platform delayed compliance with a federal search warrant that required Twitter to hand over Donald Trump’s Twitter data without telling the former president about the warrant for 180 days.

    • Cranakis @lemmy.one
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      1 year ago

      If he’d held out one more day it would have been 700k. 2 more days, 1.4M. 3 more, 2.8M.

      i.e. Musk caved before it became consequential.

      1.4B if he’d waited 2 weeks more. 23.4T (that’s Trillion) if he wanted to shield Trump for a month. I’d say it was a heavy fine that worked as intended.

      Someone check my math.

          • TheWonderfool@lemmy.world
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            1 year ago

            Corrected math, between day 1 and day 30 (if someone knows how to make a table easily in a lemmy comment please enlighten me ):

            1 $50,00 2 $150,00 3 $350,00 4 $750,00 5 $1.550,00 6 $3.150,00 7 $6.350,00 8 $12.750,00 9 $25.550,00 10 $51.150,00 11 $102.350,00 12 $102.350,00 13 $204.750,00 14 $409.550,00 15 $819.150,00 16 $1.638.350,00 17 $3.276.750,00 18 $6.553.550,00 19 $13.107.150,00 20 $26.214.350,00 21 $52.428.750,00 22 $104.857.550,00 23 $209.715.150,00 24 $419.430.350,00 25 $838.860.750,00 26 $1.677.721.550,00 27 $3.355.443.150,00 28 $6.710.886.350,00 29 $13.421.772.750,00 30 $26.843.545.550,00

            You were giving him a discount! (If this math is correct, but it should be)

            • Netrunner@programming.dev
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              1 year ago

              1 $50,00 2 $150,00 3 $350,00 4 $750,00 5 $1.550,00 6 $3.150,00 7 $6.350,00 8 $12.750,00 9 $25.550,00 10 $51.150,00 11 $102.350,00 12 $102.350,00 13 $204.750,00 14 $409.550,00 15 $819.150,00 16 $1.638.350,00 17 $3.276.750,00 18 $6.553.550,00 19 $13.107.150,00 20 $26.214.350,00 21 $52.428.750,00 22 $104.857.550,00 23 $209.715.150,00 24 $419.430.350,00 25 $838.860.750,00 26 $1.677.721.550,00 27 $3.355.443.150,00 28 $6.710.886.350,00 29 $13.421.772.750,00 30 $26.843.545.550,00

              Day Amount
              1 $50,000
              2 $150,000
              3 $350,000
              4 $750,000
              5 $1.550,000
              6 $3.150,000
              7 $6.350,000
              8 $12.750,000
              9 $25.550,000
              10 $51.150,000
              11 $102.350,000
              12 $102.350,000
              13 $204.750,000
              14 $409.550,000
              15 $819.150,000
              16 $1.638.350,000
              17 $3.276.750,000
              18 $6.553.550,000
              19 $13.107.150,000
              20 $26.214.350,000
              21 $52.428.750,000
              22 $104.857.550,000
              23 $209.715.150,000
              24 $419.430.350,000
              25 $838.860.750,000
              26 $1.677.721.550,000
              27 $3.355.443.150,000
              28 $6.710.886.350,000
              29 $13.421.772.750,000
              30 $26.843.545.550,000

              Lemmy supports markdown, so you can use markdown tables.

              P.S. I didn’t check your numbers, but I was curious about the markdown :)

          • sloppy_diffuser
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            1 year ago

            $23.4T / ($350k / day) = 66857142.85 days

            That’s about 183,170 years, not a month.

            I’m assuming you were suggesting it was $350k / day? Maybe you were meaning exponential and I misread?

            edit: ah, $50k doubling. Missed that in the article.

    • lasagna@programming.dev
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      1 year ago

      Until fines become wealth based, it will always be a poor people tax.

      If cash flow is the issue, then start taking stocks.

      • Rufio@lemm.ee
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        1 year ago

        Or make them recurring fines that grow exponentially each time they are issued until the situation is fixed.

        Edit: nvm it sounds like this is exactly what they are doing.

      • MajinBlayze@lemm.ee
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        1 year ago

        Not just a “poor person tax” but it means that the law just doesn’t apply in any meaningful way to the wealthy

    • FlexibleToast@lemmy.world
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      1 year ago

      Inconsequential for Musk sure, but not Twitter. Twitter is a company that didn’t make money, lost half of its ad revenue, can’t afford to pay its rent, can’t afford to pay its cloud providers, and was saddled with huge debts that have $1b in interest annually. The clock is ticking for Twitter.

    • Prethoryn Overmind@lemmy.world
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      1 year ago

      I think the issue is it can become failure of compliance and obstruction of justice at some point or can be tried as that. Elon could really get himself fucked if am investigation found members of the company discussion rejection to oblige.