this post was submitted on 26 Aug 2023
2 points (62.5% liked)

cryptocurrency

172 readers
1 users here now

cryptocurrency

founded 1 year ago
MODERATORS
 

Porn stars and sex workers turned to crypto after being debanked, but are now being blacklisted by exchanges

top 5 comments
sorted by: hot top controversial new old
[–] [email protected] 3 points 1 year ago (1 children)

There's not a single mention of an exchage? WTF? Bank shut me off, I've been screwed by crypto?

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

This is the only explicit mention of companies applying "risk assessment":

(Knox suspects she has ended up on a blacklist at Plaid, a provider of technology plumbing to large crypto exchanges like Gemini, Kraken, and Robinhood, leading to the repeated bans. Freya Petersen, spokesperson for Plaid, says no such list exists, but that all firms that wish to use its services are subject to a standard risk assessment process, factoring in the industry in which they operate.) -Wired

[–] [email protected] 2 points 1 year ago

I meant, not a mention of an exchange shutting down or blocking anyone from accessing their accounts. And there's no need for it either if you have already lost access to your bank account. Then again, zerohedge...

[–] [email protected] 1 points 1 year ago (1 children)

How could the problem be solved?

[–] [email protected] 3 points 1 year ago

With non-kyc exchanges and shops, and growing the XMR economy.