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516

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[–] [Sticky] 2 pts (edited )

I heard what he does have is a warrantless backdoor for law enforcement.

Panticlutch never backed up this claim though. Is there any admission or evidence of this?

Either way, I do not trust Torba. He keeps making this "parallel economy" claim with his "own payment processor".

Well, I know a little about that. Payment processors must work with a bank in the US. Every bank in the US has an account at the federal reserve, and those accounts can be revoked without reason. Also, every transaction that's processed through that bank is dumped into a Fed database and reported on under the bank secrecy act. Every electronic transaction is tracked this way. Moving money through any payment system in the US is a total dox outside of niche things like low value unregistered prepaid cards.

You do the math. Bank regulators would put immense pressure on the bank behind his payment processor to drop their account if his claims were true. Since that's clearly not happening, it's like a financial intelligence gathering operation.

When I go on gab I leave no trace.

[–] 0 pt

"own payment processor" works with a bank.

That's a good point.

[–] 2 pts (edited )

Check out their terms of service: https://gabpay.live/TermsOfService/

It's not even legally called "GabPay". It's called Green By Phone, Inc, a.k.a. "Got Money".

From those ToS's:

All transactions processing, approval of accounts, allocation of reserves, and any handling of funds, monitoring accounts, and compliance with local, State, and Federal laws and regulations are the responsibility of Portage Bank (Ceylon, MN).

Portage Bank (Ceylon, MN) is here: https://www.portage.bank/

If you view the page source... : view-source:https://www.portage.bank/

You see this in the code: href="https://play.google.com/store/apps/details?gl=US&hl=en_US&id=com.fis.mobile.android&pli=1"

So yeah, that's a bank with an account at the fed that uses FIS as their processor. FIS dumps all transactions to LE daily, at least they used to a while ago.

That's who is processing "GabPay"'s payments. Not Andrew Torba.

"Parallel economy" my ass. He's using a midwest bank with one of the "big three" bank processors.