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Because the government will close your bank accounts if they discover you are making money off pornography. https://www.vice.com/en_us/article/pa8xy9/is-the-do
by voxic11 6y ago
Because the government will close your bank accounts if they discover you are making money off pornography.
https://www.vice.com/en_us/article/pa8xy9/is-the-doj-forcing-banks-to-terminate-the-accounts-of-porn-stars https://www.vice.com/en_us/article/pa8xy9/is-the-doj-forcing...
- saagarjha 6y agoWhat I don't understand is that that this isn't even illegal, so how could the government possibly argue that those accounts should be closed?
- voxic11 6y agoBecause the government insures those accounts for hundreds of thousands of dollars each. If you want to benefit from the insurance then you can only use the account for purposes allowed by the insurance contract which excludes "high risk" activities which is defined to include essentially all sex related services.