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I thought standard procedure here is you pay a fine that is a fraction of your revenue, not jail time. Like here: https://www.investopedia.com/stock-analysis/2

I thought standard procedure here is you pay a fine that is a fraction of your revenue, not jail time. Like here: https://www.investopedia.com/stock-analysis/2013/investing-news-for-jan-29-hsbcs-money-laundering-scandal-hbc-scbff-ing-cs-rbs0129.aspx https://www.investopedia.com/stock-analysis/2013/investing-n...

Jensson 4y ago
If they did this closed source he probably wouldn't get jailed, and instead the company would have gotten fined. But open source makes things easy to trace so you just jail the person who wrote the code.
- willcipriano 4y ago
  I assure you it's even easier to find the CEO of a major bank.
  - Jensson 4y ago
    Yeah, but then they would imprison the CEO and not the developer. Very different, especially since it is easy for CEO's to say that they weren't aware of any criminal activity. A developer who directly develops the feature is much easier to blame.
    - biglearner1day 4y ago
      > Yeah, but then they would imprison the CEO and not the developer. While they do get blamed, the Netherlands doesn't seem to care all that much. They seem very selective with how they react to supposed money laundering https://www.reuters.com/article/us-ing-groep-settlement-money-laundering-idUSKCN1LK0PE https://www.reuters.com/article/us-ing-groep-settlement-mone... https://www.dw.com/en/how-ing-bank-in-poland-helped-russians-launder-money/a-55322399 https://www.dw.com/en/how-ing-bank-in-poland-helped-russians...
      - Jensson 4y ago
        They key difference is this: > ING’s Chief Executive Ralph Hamers said no individual at the bank was found to be responsible for the failures Closed source means it is easy to hide whose fault it was, and then all you can do is fine the company since you can't arrest everyone. This is also why companies are so keen on deleting old message logs etc, to avoid leaders going to prison.
        Arnt 4y ago
        I heard on IRC that the person they arrested was the one who generally merged PRs. With closed source the closest equivalent is the leader of the development team. I would be surprised if a law enforcement agency is unable to locate that developer.

Jensson 4y ago

If they did this closed source he probably wouldn't get jailed, and instead the company would have gotten fined. But open source makes things easy to trace so you just jail the person who wrote the code.

willcipriano 4y ago
I assure you it's even easier to find the CEO of a major bank.
- Jensson 4y ago
  Yeah, but then they would imprison the CEO and not the developer. Very different, especially since it is easy for CEO's to say that they weren't aware of any criminal activity. A developer who directly develops the feature is much easier to blame.
  - biglearner1day 4y ago
    > Yeah, but then they would imprison the CEO and not the developer. While they do get blamed, the Netherlands doesn't seem to care all that much. They seem very selective with how they react to supposed money laundering https://www.reuters.com/article/us-ing-groep-settlement-money-laundering-idUSKCN1LK0PE https://www.reuters.com/article/us-ing-groep-settlement-mone... https://www.dw.com/en/how-ing-bank-in-poland-helped-russians-launder-money/a-55322399 https://www.dw.com/en/how-ing-bank-in-poland-helped-russians...
    - Jensson 4y ago
      They key difference is this: > ING’s Chief Executive Ralph Hamers said no individual at the bank was found to be responsible for the failures Closed source means it is easy to hide whose fault it was, and then all you can do is fine the company since you can't arrest everyone. This is also why companies are so keen on deleting old message logs etc, to avoid leaders going to prison.
      - Arnt 4y ago
        I heard on IRC that the person they arrested was the one who generally merged PRs. With closed source the closest equivalent is the leader of the development team. I would be surprised if a law enforcement agency is unable to locate that developer.