is jail really the best thing here? like does it serve society at all to lock this guy up?

Yes.

This guy stole billions of dollars in fraudulent crypto.

Not locking him up would be to admit the 2 tiered justice system exists. We all know it does. But this would admit it.

Also he did try to run. So… off to jail he goes.

locking him up won’t get anyone their money back. i don’t know what would be the right thing to do but i don’t see how keepin him in a cage helps anyone.

The main thing is to dissuade people from doing what he did, right?

Fuck around and find out and all that.

If it has any actual use for anyone (e.g. separating dangerous people from society, taking stolen property/money back, preventing them from committing more crimes etc), that’s entirely unintentional.

The main thing is to dissuade people from doing what he did, right?

but that doesn’t work.

Of course it works. When you threaten someone with jail if they do X, then they are less likely to do X.

To take one example, several states have recently made it illegal for doctors to 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.

Of course it works.

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.

so you think the solution to stop someone from doing something you don’t like is to put someone else in a cage. i just can’t do that. that’s wrong.

How far do you take this philosophy? Do you feel people who sexually abuse children should stay free?

I don’t see how locking someone in a cage benefits anymore.