Bitcoin Fixes This: PayPal Cuts Payouts to Over 100,000 Pornhub Models

In a blog post on Nov. 14, Pornhub revealed that payment processor PayPal had abruptly stopped servicing its models. Pornhub hits out at attack on “livelihoods” Previously, models throughout the world received payouts via PayPal, which has not publicly stated why it cut them out of its platform.

The website began a deal with cryptocurrency project Verge (XVG) last year, while users can purchase products with various cryptocurrencies via Pornhub’s partnership with merchant gateway PumaPay. Models unaware of cryptocurrency The debacle is just the latest in a string of skittish moves from PayPal, which has become well known for its seemingly arbitrary account shutdowns.

Timeline of Pumapay, Verge