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> There are US laws that I can’t remember the names of which make financial institutions legally responsible (probably bad English) for crimes that happen on pl
by da_chicken 5y ago
> There are US laws that I can’t remember the names of which make financial institutions legally responsible (probably bad English) for crimes that happen on platforms they sell their services to.
If it's what I'm thinking of, these laws are collectively known as "know your customer" or "KYC" [0]. It's primarily intended to prevent racketeering, money laundering, and other organized criminal activity, but the laws are written very broadly in part because they're looking for surreptitious activity.
In the case of sex work, it's difficult to verify that all performers are of legal age, that all activity is consensual, and so on. Since there are many, many ways that sex work can be illegal, it's very complicated.
[0]: https://en.wikipedia.org/wiki/Know_your_customer https://en.wikipedia.org/wiki/Know_your_customer