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Onlyfans sparked major controversy last week, after announcing that it would begin banning pornographic content beginning in october. Read also: Unidentified Ginger Leak: Prepare For A Mind-Blowing Revelation

Now, the companys ceo, tim stokely, has revealed exactly why onlyfans is cracking down on sexually explicit pictures and videos. Read also: What The Redwood County Sheriff Doesn't Want You To Know (Jail Roster)

The most jarring was when a bank rejected her as a customer because of her association with onlyfansas often happens for adult content creators who post on onlyfans. Read also: 5 Things You Didn't Know About This Knoxville Craigslist Find

Days after onlyfans announced its controversial decision to ban sexually explicit conduct from its site, founder tim stokely said the blame lands on banks. Read also: 10 Chilling Facts About Ed Gein's Photos You Won't Believe!

Onlyfans forthcoming ban on sexually explicit content is the fault of banks such as metro bank and jpmorgan chase, the online subscription services founder has claimed.

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The short answer, according to onlyfans ceo tim stokely, was banks which stokely said wouldnt work with onlyfans because of its reputation as a porn platform.