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Re:Why Banks Are Suddenly Closing Down Customer Accounts by panarky on Sunday November 05, 2023 @07:10PM (#38157186)
The fact that someone with a political opinion had their account closed is not evidence that Chase is monitoring all their customers' political activity and systematically closing accounts for political activity Chase doesn't like.

The same way that Chase closing a restaurant's account is not evidence that Chase is tasting the food in every restaurant and systematically closing accounts for restaurants that cook food that Chase doesn't like.

Re:Why Banks Are Suddenly Closing Down Customer Accounts by raincom on Sunday November 05, 2023 @07:16PM (#38157229)
Good that you trust Chase and other banks with the lame 'evidence' that they provide such as: "Financial institutions have an obligation to know our customers and monitor transactions that flow through our customers' accounts. After careful consideration, we decided to close your account because of unexpected activity on these or another Chase account."

Based on that standard template, I won't trust big banks, because, hiding behind BSA, banks can use the blanket statement "because of unexpected activity". Now you ask me to trust Banks, because they can't show that evidence to me.

Re:Why Banks Are Suddenly Closing Down Customer Accounts by jfengel on Sunday November 05, 2023 @08:43PM (#38157822)
I don't trust Chase as far as I can throw them. But I still trust them more than Nigel Farage.
Re:Why Banks Are Suddenly Closing Down Customer Accounts by panarky on Sunday November 05, 2023 @09:01PM (#38157931)
None of this is about whether I trust Chase or not.

It's about the big claim that Chase monitors the political activity of their customers and systematically closes the accounts of people with opinions Chase doesn't like.

There's precisely zero evidence that they do this.

Even if one blindly accepts your citations from "The 700 Club" and some random post from "Nitter" as authoritative, even they provide zero evidence for that claim.

Big claims require compelling evidence, and you haven't provided any.

Re:Why Banks Are Suddenly Closing Down Customer Accounts by zlg_codes on Monday November 06, 2023 @12:06AM (#38159075)
So if MSM doesn't report, it doesn't exist? State the requirements of 'compelling evidence'.

You debate like that Chase email explains their reasoning.

Re:Why Banks Are Suddenly Closing Down Customer Accounts by rfrey on Monday November 06, 2023 @03:13AM (#38159967)
"Compelling" evidence would be great, but SOME evidence would be nice too.

The media not reporting it is certainly not evidence, down that path lies true crazy.

Re:Why Banks Are Suddenly Closing Down Customer Accounts by pabs3 on Monday November 06, 2023 @04:07AM (#38160287)
FWIW, Nitter is just an alternative frontend to Twitter/X.
Re:Why Banks Are Suddenly Closing Down Customer Accounts by pauldenton on Monday November 06, 2023 @02:28AM (#38159759)
So what alternative theory do you have for all those accounts being closed?
Re:Why Banks Are Suddenly Closing Down Customer Accounts by bergen on Monday November 06, 2023 @04:32AM (#38160444)
Risk avoidance. Extremists (!) are more likely to have dubios donors. And even if they're "normal" political figures or activists, their behaviour in public might damage the bank.

This being said this approach is a pretty wild one still, since people NEED banks, and there should be long duration till the expiration (except in cases of fraud, money laundering, ..)

Re:Why Banks Are Suddenly Closing Down Customer Accounts by suoduandao3 on Monday November 06, 2023 @08:59AM (#38162637)
Their behavior in public, such as their social media activity? Sounds like there's no disagreement here.