Paypal Partners With Anti-Defamation League to Block Financial Transactions for Extremists and Hate Movements

According to a news release yesterday, the Anti-Defamation League (ADL) has joined with PayPal on a research partnership to monitor how extremists use financial platforms to fund criminal activity.

According to the release, the partnership will focus on “uncovering and disrupting the financial pipelines that support extremist and hate movements” by targeting “actors and networks spreading and profiting from all forms of hate and bigotry.” Their findings will be “shared broadly across the financial industry and with policymakers and law enforcement.” (read full press release here)

Earlier today it was announced that Big Tech will monitor the internet, create a database of extremists, and report content they do not approve to the United State Intelligence Community for further action (DEPLATFORMING).  This latest notification from ADL would be a step in using the lists created by Big Tech to notify financial institutions of who needs to be blocked from banking services (DEMONETIZING).