Suppose, pulling these numbers out of a hat, the total damage done to Leverage employees (as estimated by them) was $1M and the total value of Geoff’s tokens are $10M; the presumption that the tokens should all go to the victims (i.e. that the value of his tokens is equal to the amount of damage done) seems about as detached from reality to me as the assumption that the correct amount of restitution is 0.
The counter argument would be:
Suppose we do not think it should be profitable to start a cult and get rich. If we enforce the norm “if we find out you started a cult and got rich off it, you only get to be 90% rich instead of 100% rich”, well, that is not very powerful. Maybe the rest should go to actually-effective charity or something.
That said, a norm where we say “you don’t get to be rich anymore” is sort of moot when ultimately Geoff has all the Leverage 🥁💥
The counter argument would be:
Suppose we do not think it should be profitable to start a cult and get rich. If we enforce the norm “if we find out you started a cult and got rich off it, you only get to be 90% rich instead of 100% rich”, well, that is not very powerful. Maybe the rest should go to actually-effective charity or something.
That said, a norm where we say “you don’t get to be rich anymore” is sort of moot when ultimately Geoff has all the Leverage 🥁💥