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Billionaire investor Bill Ackman slams Visa for failing to ban payments on Pornhub

Visa may have facilitated child pornography from being distributed by providing payment services to Pornhub and other sites operated by parent company MindGeek, a judge has ruled. 

Last week, US District Court Judge Cormac Carney in California denied Visa’s request to be dismissed from a case where 34 women who said that Pornhub had hosted videos of them being sexually assaulted or abused as children without their consent.

Carney found that the plaintiff had credibly alleged that ‘Visa knew that MindGeek’s websites were teeming with monetized child porn.’ 

‘Visa lent to MindGeek a much-needed tool—its payment network—with the alleged knowledge that there was a wealth of monetized child porn on MindGeek’s websites,’ wrote Carney in his decision. 

The lead plaintiff said that in 2014,…

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