Basically, a court recently ruled that, since Visa is processing payments for ad purchases on Pornhub, Visa is a co-conspirator on all sex trafficking and child porn that Pornhub is involved with. Apparently Pornhub merely being alleged to have engaged in those activities is sufficient knowledge to constitute a "meeting of the minds" for Visa to become a participant in those activities.
(As you might imagine, I vehemently disagree with that ruling. But as it's the ruling that stands, it's the situation that Visa finds itself in, and were I in Visa's shoes, I'd do exactly the same thing they're doing now. They really don't want to be a part of this--and they really shouldn't be a part of this, and dumping Pornhub's ad purchases is the fastest route they can take to not be a part of this, as problematic as it is.)
Basically, a court recently ruled that, since Visa is processing payments for ad purchases on Pornhub, Visa is a co-conspirator on all sex trafficking and child porn that Pornhub is involved with. Apparently Pornhub merely being alleged to have engaged in those activities is sufficient knowledge to constitute a "meeting of the minds" for Visa to become a participant in those activities.
(As you might imagine, I vehemently disagree with that ruling. But as it's the ruling that stands, it's the situation that Visa finds itself in, and were I in Visa's shoes, I'd do exactly the same thing they're doing now. They really don't want to be a part of this--and they really shouldn't be a part of this, and dumping Pornhub's ad purchases is the fastest route they can take to not be a part of this, as problematic as it is.)