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Largest U.S. Bank Cuts Ties, CancelingTrump Jr. Event

Journal by DannyB

Largest U.S. Bank Cuts Ties to Conservative Group, Canceling Donald Trump Jr. Event

The country's largest bank has cut ties with a Missouri conservative group, forcing an event that had been set to feature Donald Trump Jr. to be immediately canceled.

[....] Defense of Liberty founder Paul Curtman, a former GOP state representative, told the Missouri Independent that WePay informed him in a message that it would no longer do business with his group based on an alleged violation of terms of service and had refunded $30,000 in payments already processed for the event.

"It seems you're using WePay Payments for one or more of the activities prohibited by our terms of service," the message reportedly states. "More specifically: Per our terms of service, we are unable to process for hate, violence, racial intolerance, terrorism, the financial exploitation of a crime, or items or activities that encourage, promote, facilitate, or instruct others regarding the same."

Maybe Trump Jr and Defense of Liberty political action committee should not promote such things?

Or . . . maybe those things are their core message, and appeal to their base.

 

Reply to: Re:Sure, all good and all because, Trump, right?

    (Score: 1) by khallow on Sunday November 21 2021, @04:35AM

    by khallow (3766) on Sunday November 21 2021, @04:35AM (#1198246)

    And you refuse to acknowledge my point that non-resident persons and businesses are routinely denied bank accounts.

    You didn't make that point earlier. But if you had, I would have noted that Wikileaks was based [wikipedia.org] in Iceland, and that one of their primary payment processors was also in Iceland (and lost [wired.com] a court case concerning that boycott).

    The Icelandic partner of Visa and MasterCard violated contract laws when it imposed a block against credit card donations to the secret-spilling site WikiLeaks, a district court there has ruled.

    The Reykjavík District Court ruled that Valitor, which handles Visa and MasterCard payments in Iceland, was in the wrong when it prevented card holders from donating funds to the site. The court ruled that the block should be removed within 14 days or Valitor will be fined the equivalent of about $6,000 a day.

    Notice the phrase "violated contract laws". When these payment processors make a contract with Wikileaks, they make a contract which remains enforceable even if the other party is not a resident. But most of the parties involved, including Wikileaks, have residence in multiple countries and hence, that excuse doesn't fly. A typical approach is for a local office to make a contract with the local office of the other party.

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