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Onlyfans, which verifies users and viewers, has claimed that banks will not work with it because of reputational concerns. So long as they obey the law, banks can refuse to deal with. Onlyfans founder and ceo tim stokely says the online subscription platform had no choice but to ban pornography after unfair treatment by banks.
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Last week, onlyfans said it would no longer. Days after onlyfans announced its controversial decision to ban sexually explicit conduct from its site, founder tim stokely said the blame lands on banks. The most jarring was when a bank rejected her as a customer because of her association with onlyfansas often happens for adult content creators who post on onlyfans. A top onlyfans executive has admitted that his bank account was suspended, hit by a growing problem faced by those associated with the social media platform used by sex workers.
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