Crowdfunding Sites Take A Stand Against Hate

In what they are calling an attack on their First Amendment rights, PayPal and a number of charity crowdfunding web portals such as GoFundMe have shut down Alt Right campaigns.

PayPal’s response is that it “does not “allow [its] services to be used for activities that promote hate, violence or racial intolerance.”

Patreon tries to eliminate bias from its determination if there is a terms of service violation by employing what it calls “manifest observable behavior” of the campaigner. It does this by looking at ” what a camera has seen, what an audio device has recorded.”

So, if it looks like actions tied to violative behavior (like trying to stop a rescue ship from helping refugees), then it probably is bad enough to get kicked off the site.

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Investments, Jobs, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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