OnlyFans says banks are to blame for ban on sexually explicit content
The IndependentGet the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} OnlyFans’ forthcoming ban on sexually explicit content is the fault of banks such as Metro Bank and JPMorgan Chase, the online subscription service’s founder has claimed. Tim Stokely told the Financial Times that the “increasingly unfair actions” of banks are to blame for the ban — and that he would otherwise “absolutely” support sex workers’ continued use of the service. He also claimed that Bank of New York Mellon “flagged or rejected” money associated with Onlyfans and that JPMorgan Chase is “particularly aggressive in closing accounts of sex workers”. The ban, then, was necessary to “safeguard their funds and subscriptions from increasingly unfair actions by banks and media companies”, Mr Stokely said, adding: “we had no choice”.