I feel like the question no one is asking is: can CC companies be prosecuted/sued for processing payment for illegal material under FOSTA-SESTA. If the answer is yes, then it renders the whole "nefarious actors" argument moot. Of course there's been a long-standing campaign to erase porn and sex work, but in this case it's entirely possible that CC companies are just protecting themselves legally by refusing service to a platform that had been proven unable to properly moderate all its user-generated content. The fault, then, would be with the platform.
I feel like the question no one is asking is: can CC companies be prosecuted/sued for processing payment for illegal material under FOSTA-SESTA. If the answer is yes, then it renders the whole "nefarious actors" argument moot. Of course there's been a long-standing campaign to erase porn and sex work, but in this case it's entirely possible that CC companies are just protecting themselves legally by refusing service to a platform that had been proven unable to properly moderate all its user-generated content. The fault, then, would be with the platform.