OnlyFans’ founder has blamed banks for Video Bokep the company’s ban on sexually explicit content, Video Porno which stars of the platform say will either force them out of business or else drive them to switch to a new channel.
Company founder Tim Stokely was last week condemned for abandoning Porn Sex workers who say they’ve built his fortune, Video Bokep but he has now insisted that banks which process the start-up’s payments were to blame for the ban.
He blasted the ultimatum he says his firm was issued with as ‘unfair’ and said banks had warned him they were incurring ‘reputational risk’ by handling OnlyFans’ finances.
Stokely claimed UK-based Metro Bank closed OnlyFans’ corporate account on short notice in 2019, Porn Video and accused US firm Bank of New York Mellon of ‘making it difficult to pay our creators’, Porn Sex having ‘flagged and Porn Video rejected’ every wire associated with the firm.
He also hit out at another American bank, JP Morgan Chase, saying: ‘JPMorgan Chase is particularly aggressive in closing accounts of Porn Sex workers or Indo Bokep any business that supports Porn Sex workers,’ he continued.
Tim Stokely, Porn Sex the British entrepreneur behind the website OnlyFans, has blamed the decision last week to ban sexually explicit content was the result of pressure from banks
He added: ‘We pay over one million creators over $300 million every month, and making sure that these funds get to creators involves using the banking sector,’ he told the Financial Times in an interview published Tuesday.
Following the announcement last week, Video Porno several Porn Sex workers told the PA news agency they intended to find a new platform and Bokep expected OnlyFans to close as a result of many others leaving.
Stokely said he would ‘absolutely’ allow pornographic content to return to the site if banks changed their approach.
‘This decision (to ban explicit content) was made to safeguard their funds and Video Porno subscriptions from increasingly unfair actions by banks and media companies,’ he said.
‘We obviously do not want to lose our most loyal creators.’
The platform, Video Bokep which is popular among Porn Sex workers, recently announced new rules coming into effect in October that prohibit ‘any content containing sexually explicit conduct’ – though non-sexual nudity will still be permitted.
Porn Sex workers and models who have built their livelihoods on OnlyFans accused the website of ‘using them’ and then ‘betraying them’.
Initially the London-based company said the move was being introduced due to pressure from financial partners, leading some to assume payment processors Mastercard and Visa were behind it.