It's more than just Chase being a judgemental prude here. Apparently, the US Department of Justice is threatening banks with fines if they don't shut down some accounts that are deemed "high risk", which are apparently mostly accounts from people involved in the porn business. Even totally stable and legitimate businesses.
The real problem here isn't so much that people are being unreasonable prudes, the real problem is that they're secretive about it. If they want to ban porn, they could simply propose a law to ban porn, and then send court orders demanding that banks shut down these accounts. But that's not what's happening here: the businesses are totally legal, yet unjust fines against banks are used to coerce banks to close those accounts without a sound legal reason to do so. It's a corruption of the justice system, and should worry anyone, whether or not they like porn.
(Disclaimer: I couldn't care less about porn, but I care a great deal about justice.)
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[ 2.8 ms ] story [ 17.0 ms ] threadThe real problem here isn't so much that people are being unreasonable prudes, the real problem is that they're secretive about it. If they want to ban porn, they could simply propose a law to ban porn, and then send court orders demanding that banks shut down these accounts. But that's not what's happening here: the businesses are totally legal, yet unjust fines against banks are used to coerce banks to close those accounts without a sound legal reason to do so. It's a corruption of the justice system, and should worry anyone, whether or not they like porn.
(Disclaimer: I couldn't care less about porn, but I care a great deal about justice.)