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I just saw this on a YouTube news clip last night. ONE YouTuber was banned form Patreon and he encouraged his followers who had been supporting him on Patreon
by mikece 6y ago
I just saw this on a YouTube news clip last night. ONE YouTuber was banned form Patreon and he encouraged his followers who had been supporting him on Patreon to file a "tortious interference" lawsuit which asserts breach of contract against Patreon. In letting this go forward the judge also asserted that Patreon's change in their terms of service on January 1 does not apply to complaints about actions which give rise to legal claims prior to that date.
In short: Patreon has to front $10,000 in legal fees per arbitration claim. The source of the suit is only about 100 people but if a sizable portion of the supporters of some of the larger names who have been banned from Patreon file suit as well then Patreon could be facing the requirement to put aside hundreds of millions of dollars to pre-fund arbitration cases... which could, theoretically, force them to file for bankruptcy and/or cease operation.
The above-mentioned news clip: https://www.youtube.com/watch?v=GHzEJ6ESRY8 https://www.youtube.com/watch?v=GHzEJ6ESRY8