Another Bank Cancels Gab...
Gab’s Andrew Torba revealed on Tuesday that yet another bank, BB&T, has shut down their account for no seemingly no reason other than politics.
In a letter addressed to Torba that he posted on Gab, BB&T, which merged with Sun Trust in 2019 to become Truist, informed him that they made a decision to close his bank account with them. “This decision is not based on credit reporting information or any other considerations related to your credit,” the letter read. “We have made this decision because some or all of your account activity is not consistent with the intended purpose of the account,” confirming that they had they right to close any account at any time at their discretion.
“Thankfully we’ve spent months getting other banking partners in place who share our values, but this is what we are up against,” Torba wrote in the post, acknowledging the difficulty the free speech social media network has had in getting access to a bank that wouldn’t cancel their account for no reason. National File reported earlier this year that Gab had been banned from four banks in four weeks, due to social media smears of “harboring extremism,” and that it was getting so bad that Torba even considered buying their own bank.
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