4 ms·

The United States considers any transaction in USD within their jurisdiction. Huawei and Iran should have been doing business in a different currency, and fran

• sudosysgen 5y ago
  Actually, that's not true. Transactions under the US dollar are not automatically under US jurisdiction. The loophole is that financial entities that can deal in the US financial system are supposed to do that through a US subsidiary, allowing jurisdiction through that. The issue there though is that Meng Wenzhou did not actually do anything illegal with the HSBC subsidiary. The US claims she did, but there is no evidence to the US claim and evidence to the contrary. At this point the US could go after Huawei for dealing with Iran, but Huawei is already maximally sanctioned. The US could go after HSBC but they don't operate in the US anymore either and it would probably lose or they would get away with it as they always do. Plus the UK would be very mad. The loophole was to request extradition of Meng Wenzhou over a crime that everyone knows never happened. But if the crime actually happened is not what's at question in the extradition process, that's decided in US courts. And once Meng Wenzhou is actually in the US, the US can do anything they want to her, no foreign court binds then anymore. She can also be used as a bargaining chip during the extradition process or after extradition. It's broadly the same procedure as with Assange. Stick him with a crime that didn't actually happen, extradite him, then do whatever you want once he's on US soil.
  • skzv 5y ago
    Thank you for the clarification!
  • deleted 5y ago
    [deleted]