The co-founder of failed cryptocurrency exchange FTX pleaded not guilty to a seven count indictment charging him with wire fraud, securities fraud and money laundering.
An attorney for FTX co-founder Sam Bankman-Fried said in federal court Tuesday his client has to subsist on bread, water and peanut butter because the jail he’s in isn’t accommodating his vegan diet.
Of course it works. If you threaten someone with jail when they do X, then they are less likely to do X.
To take one example, several states have recently threatened doctors with jail if they perform abortions. As a result, obstetricians are now fleeing those states to avoid being prosecuted for performing their normal medical duties. If jail had no deterrent effect, then obstetricians would stay put and keep doing what they’ve always been doing, including performing safe abortions.
To take another example, several state have recently decriminalized marijuana, thus reduces the risk of jail for sale and possession. As a result, marijuana is more commonly consumed in public and far more commonly sold in public. If jail had no deterrent effect, there would be no change in the number of businesses selling marijuana.
if it worked then he wouldn’t have done it.
Something doesn’t have to be 100% effective to work.
Quitting smoking works to prevent cancer. That doesn’t mean it is 100% effective in preventing cancer.