ban sexually explicit content — and says the company will “absolutely” bring back porn if Wall Street becomes more accepting. “The change in policy, we had no choice — the short answer is banks,” OnlyFans founder and CEO Tim Stokely told the Financial Times on Tuesday.
He said “unfair” banks often unfairly flag transactions or even outright refuse to work with OnlyFans due to “reputational risk,” making it difficult for the company to transfer money to the hundreds of thousands of sex workers who use the platform to sell explicit photos and videos.
Stokely’s comments come less than a week after OnlyFans announced it will ban “sexually explicit content” on the platform while still allowing some nudity.
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