Jan 24 (Reuters) - Mastercard and Visa failed to stop their payment networks from laundering proceeds from child sexual abuse material and sex trafficking on the popular website OnlyFans, according to allegations in a previously undisclosed whistleblower complaint filed with the U.S. Treasury’s financial crimes unit.

The whistleblower, a senior compliance expert in the credit card and banking industries, said the two giant card companies knew their networks were being used to pay for illegal content on the porn-driven site since at least 2021, and accused them of “turning a blind eye to flows of illicit revenue.”

The complaint was filed in January 2023 with the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the U.S. Justice and Homeland Security departments, the whistleblower said.

The complaint said that the whistleblower and other anti-trafficking experts, including U.S. federal agents, alerted Visa and Mastercard to unlawful content on OnlyFans in a series of calls in 2021 and 2022. The federal agents corroborated the presence of child sexual abuse material on OnlyFans, the complaint said.

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how would visa/mc know? surely all they see is “payment of $5 to onlyfans inc”

In 2020, Visa, Mastercard and Discover blocked customers from using their cards to make purchases on Pornhub, another big adults-only platform, after a public outcry over alleged child sexual abuse material and other illegal content. This stopped card payments for Pornhub’s paid content and forced it to rely more on ads and sales of user data.

Yep. The idea was to completely block payments to entire OnlyFans it seems.

Seems like stopping access to porn in general is the aim. This is just the excuse

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