Part 2/10:
According to recent reports, the company’s leadership claims the decision to restrict adult content was driven by external financial pressures—specifically, banking institutions. The CEO of OnlyFans publicly stated, "The short answer is banks." Major banking entities, such as Bank of New York Mellon, JPMorgan Chase, and Metro Bank, refused to process transactions involving the platform, citing reputational risks associated with sexually explicit material. These banks threatened to cut off services, effectively crippling the platform’s ability to pay creators and process transactions.