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"It will make the average trafficker or pimp's life much more difficult, which was my goal," Dart said.
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Most famously, Wikileaks was cut off from the Visa and Master Card networks after publishing confidential government documents, although the organization and its leaders were not charged with any crimes over the publication.
"We shouldn't have informal pressure from public officials forcing financial service companies into deciding which types of speech should and shouldn't be allowed," Rainey Reitman, activism director at the Electronic Frontier Foundation, told USA Today in response to the Backpage news.
"Master Card and Visa are not supposed to be the arbiters of free speech on the Internet." Dart's letters said there are 20,000 ads posted on Backpage in the Chicago area each month and that each of the 800 times Dart's office has responded to them, "we have made an arrest for crimes ranging from prostitution to child trafficking.""I don't want to say we exhausted all the other strategies, but we tried the lawsuit angle and that did not work, we tried ongoing negotiation with Backpage about making this a responsible site that was not facilitating crimes that got us absolutely nowhere," Dart said.
Dart sued Craigslist in 2009 over its own adult services page, which was ultimately unsuccessful.
Authorities and anti-trafficking advocates have accused Backpage and others of allowing the sex trafficking of minors through these adult Web pages. company, every international company, should say to themselves, to their shareholders, they’re just not going to be involved in this kind of activity, they just won’t be affiliated with it whatsoever. cities for the commercial sexual exploitation of children.
In response to the outcry, has reportedly announced plans to stop charging users to post ads in its adult section, but it will not take the ads down.
Both Master Card and Visa have stopped processing payments for the adult personals site Backpage.com, cutting the site's access to the world's two dominant payment networks.
Tinkoff has launched its own legal action, accusing Mr Argakov of fraud.
Oleg Tinkov, founder of the bank, tweeted: "Our lawyers think he is going to get not 24m, but really 4 years in prison for fraud.