financial company Stripe refusing to process payments to trump campaign donations

butters

High on a Hill
Joined
Jul 2, 2009
Posts
85,855
they don't want to be connected with him after the insurrection
 
Payment processor to pay $120,000 in connection with cryptocurrency scheme

BOSTON — Attorney General Maura Healey announced today that payment processor Stripe, Inc. will pay $120,000 to resolve allegations that its risk monitoring and fraud prevention and mitigation practices violated the state’s consumer protection law.

According to the assurance of discontinuance filed in Suffolk Superior Court, Stripe processed payments facilitated by Dominic Lacroix – the owner of “PlexCoin” – and his associates, resulting in the fraudulent and unregistered sale of cryptocurrency. Lacroix allegedly used Stripe accounts as part of the PlexCoin scheme and illegally obtained funds from 22 investors in Massachusetts. Cryptocurrency is cryptocurrency is a digital currency designed as a medium of exchange.

The AG’s Office further alleges that Stripe knew or should have known of Lacroix’s fraud in time to prevent harm to Massachusetts consumers, but failed to do so due to its inadequate risk monitoring and fraud prevention and mitigation practices and procedures.
Source
 
*views counselor's post*

that's worse, then, if even a 'shady' company doesn't want to be associated with trump
 
Lol....Stripe has a value of $4.3 billion. That is with a B. You are making a point about a $120,000 penalty as a deflection? You don't see how stupid that makes you?
 
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