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> they will target you through payment processors and ad networks How will they do that, and on what legal basis?
by parenthephobia 8y ago
> they will target you through payment processors and ad networks
How will they do that, and on what legal basis?
- zAy0LfpBZLC8mAC 8y agoGarnishment. If the regulatory agency decides to fine you, and you don't successfully defend yourself against that in court, then you'll have to pay that fine. If you fail to pay the fine on time, any entities within the juristiction that owe you can be ordered to pay the fine instead (i.e., your payment processor will be ordered to redirect funds arriving for you to the state, which also, as far as their juristiction is concerned, fulfills their debt towards you--as far as their legal system is concerned, the payment processor has paid you and you have paid the fine).
- whataretensors 8y agoSounds like a good reason to start only accepting crypto
- zAy0LfpBZLC8mAC 8y agoExcept that won't help you? Usually, payment processors are ordered to redirect funds as that is usually the easiest way, but if that is not an option, your customers will be ordered directly to redirect payments. As long as you have customers within the jurisdiction, they will find a way to make you not earn any money from them until your fine is paid.