News for hackers. Stuff that matters.
Re:Why Is Coed Cherry Shutting Down? by epicureanideal on Thursday November 09, 2023 @08:42PM (#38214031)
Given how necessary credit card processing is to any business these days, I’m surprised they don’t try to get a law passed that credit card processors must handle any business that isn’t actually illegal.
Re:Why Is Coed Cherry Shutting Down? by lmm on Thursday November 09, 2023 @08:59PM (#38214176)
Which "they" would do that? The US Government finds it rather convenient that they can use the banking system to shut down things they don't like that it would be unconstitutional for them to shut down directly, they're not in any hurry to give that power up.
Re:Why Is Coed Cherry Shutting Down? by creer on Thursday November 09, 2023 @08:44PM (#38214047)
For once, this shutdown (or Omegle's for that matter) has nothing to do with credit card companies.

But yeah, the idea could be a smaller bank serving under-served industries and demographics - and for whom getting in the press for some random BS wouldn't matter.

Re:Why Is Coed Cherry Shutting Down? by ChrisMarshallNY on Thursday November 09, 2023 @08:50PM (#38214094)
From what I understand, the US cannabis industry has this problem, because pot is still illegal at the federal level.

That means that they can’t get banking.

Probably means that dispensaries are juicy robbery targets.

Re:Why Is Coed Cherry Shutting Down? by acdha on Thursday November 09, 2023 @09:22PM (#38214325)
Yes - the one on a major road near us had pretty frequent attacks. Our local political representative actually gave a presentation about how they were working to reduce the crime risks since a lot of neighbors were concerned (like LA banks in the 80s). It sounds like they now have a pretty elaborate setup: there were multiple police reports where someone showed up with a gun and got stuck in the mantrap, and the officers just waited until they got hungry/thirsty enough to surrender.
Re:Why Is Coed Cherry Shutting Down? by reaperman on Thursday November 09, 2023 @08:48PM (#38214079)
One way or another the system has to have a way to handle high fraud vendors. It appears the vast majority of porn vendors experience high fraudulent card use as well as high chargebacks. Perhaps the merchant gateways could just charge really high onerous fees instead.
Re:Why Is Coed Cherry Shutting Down? by Retric on Thursday November 09, 2023 @08:55PM (#38214141)
This isn’t about credit cards but normal banking services. They can’t maintain a company bank account to do things like pay taxes, which is why crypto doesn’t work for them.
Re:Why Is Coed Cherry Shutting Down? by Scoundreller on Thursday November 09, 2023 @09:15PM (#38214286)
Taxes (at least US federal) are one of the few things you can pay for in unlimited amounts with cash.

They have a nice page about how to make an appointment (recommended 30-60 days in advance): https://www.irs.gov/payments/what-to-expect-when-you-pay-cas...

Re:Why Is Coed Cherry Shutting Down? by User23 on Thursday November 09, 2023 @09:28PM (#38214363)
Fun fact: One of the most closely guarded pieces of paper in those offices are the tax receipt forms. Because if you can produce a tax receipt it's good as cash for meeting your tax obligations.
Re:Why Is Coed Cherry Shutting Down? by lazide on Thursday November 09, 2023 @09:22PM (#38214327)
"Hi, IRS? I've got a billion dollars worth of 'other, unspecified' income I need to pay taxes on in Cash. My name? Uh...."
Re:Why Is Coed Cherry Shutting Down? by ixs on Friday November 10, 2023 @07:20AM (#38217977)
If the person on the phone had said “Capone, Al” instead of “Uh…” he’d possibly not gone to jail.

Even ill gotten gains are taxable and the theory of one crime at a time suggests that even “other, unspecified” could be with paying taxes on to reduce the likelyhood of successful criminal persecution.

Re:Why Is Coed Cherry Shutting Down? by lazide on Friday November 10, 2023 @03:27PM (#38224058)
They’d have nailed him with something else - it just might not have been so easy.

That said, pay your taxes even if you’re a criminal for sure!

Re:Why Is Coed Cherry Shutting Down? by iteria on Thursday November 09, 2023 @08:47PM (#38214069)
You'd definitely need a better poster child than sex work for that in the US. There's no way conservatives would vote for something with that as poster child and some democrats wouldn't either. The US as a whole regardless of team is pretty puritan.
Re:Why Is Coed Cherry Shutting Down? by User23 on Thursday November 09, 2023 @08:51PM (#38214105)
You don’t have to be a puritan to find pimps distasteful, even if they are cyber.

Edit: Child evidently has a reading comprehension problem and didn't understand "don't have to be a puritan." The emphasis is on cyberpimps. Whether or not you approve of pornography or prostitution you can still find pimps, who are by nature exploitative, distasteful without being a puritan.

Re:Why Is Coed Cherry Shutting Down? by Retric on Thursday November 09, 2023 @09:02PM (#38214204)
Puritan is defined as finding porn etc distasteful, so it really is. one who practices or preaches a more rigorous or professedly purer moral code than that which prevails https://www.merriam-webster.com/dictionary/puritan

It’s the objection itself not the reason for it that’s important. In other words objecting to porn on artistic grounds is still puritan.

Re:Why Is Coed Cherry Shutting Down? by broken-kebab on Thursday November 09, 2023 @09:35PM (#38214409)
Reason is very obviously hardcoded into the definition with "moral" word.

Ergo,

>objecting to porn on artistic grounds is still puritan.

is not true

Re:Why Is Coed Cherry Shutting Down? by Retric on Thursday November 09, 2023 @09:57PM (#38214559)
Valuing “good” art is a moral stance. It’s a judgment of what human behavior is good or bad.
Re:Why Is Coed Cherry Shutting Down? by broken-kebab on Thursday November 09, 2023 @10:20PM (#38214707)
It's moral stance if you define good as moral. In other words, your reasoning is a circular reference, and not very useful
Re:Why Is Coed Cherry Shutting Down? by Retric on Thursday November 09, 2023 @10:30PM (#38214752)
Different definitions of the word good here. Someone who thinks “good” art should should be destroyed is making a moral judgement in the same way someone who thinks it should be preserved.

It’s defining something as positive or negative which makes this a moral judgement not the specific value assigned.

I use positive/negative here because someone may believe there’s an incorrect solution to a math problem without judging such errors in terms of morality.

Re:Why Is Coed Cherry Shutting Down? by User23 on Friday November 10, 2023 @02:53PM (#38223665)
I don’t think that word means what you think it means in the context it’s being used. In this case a moral judgment simply means with respect to ethics. One could morally judge something to be good, bad, or neutral.