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Large financial institutions still dont play nicely with internet porn, which really isnt that ambiguous legally. I think a lot of it is PR as well. They dont w
by CaptSpify 10y ago
Large financial institutions still dont play nicely with internet porn, which really isnt that ambiguous legally. I think a lot of it is PR as well. They dont want to be associated with moraly ambiguous industries
- ethbro 10y agoA lot of this is a consequence of the George W Bush presidency, where the DoJ was encouraged to crack down on pornography using obscenity laws. From the histories I've read, one of the levers they used was informal pressure on financing institutions that served the distributors. https://en.wikipedia.org/wiki/Obscenity_Prosecution_Task_Force https://en.wikipedia.org/wiki/Obscenity_Prosecution_Task_For...
- xaqfox 10y agoI place the blame squarely on the Obama Justice Department's Operation Choke Point. The previous task force was at least targeted towards specific, named, businesses and brought them before a court--not a blanket, de-facto ban caused by threatening financial institutions, directly. https://en.wikipedia.org/wiki/Operation_Choke_Point https://en.wikipedia.org/wiki/Operation_Choke_Point