Alterative video platform BitChute is having their bank accounts suspended and their balances withheld from the owner’s access in order to pay the bills.
Ray Vahey, BitChute Founder and Chief Executive, made the announcement on a fundraising campaign on GiveSendGo.
Vahey explained the situation (emphasis his):
Two years ago, BitChute became the target of an activist group that attempted to shut us down by pressuring our suppliers. As a result, we lost some server hosting, our office space, and other suppliers. We also lost our bank account with HSBC. A bank account we had held in good standing and without any issues since we launched in 2017.
We initially tried to open a new account with a different bank and transfer our money. However, the new bank rejected us just as the funds had reached them. Our money was returned to HSBC, but we could no longer access it, and even today, we still have not retrieved our money from HSBC.
In August 2021, after failing to get a resolution through the HSBC complaints process, we requested arbitration through the UK’s banking Ombudsman. We were informed of a long wait due to Covid, which had resulted in many bank-related problems for businesses. It wouldn’t be until November 2022 that our case would be assigned.
Since arbitration started we have provided many details including the bank account where HSBC could send our money. Within a week of handing over that information, that new bank account was suspended without notice. We informed the Ombudsman that we do not want to give HSBC additional bank accounts and prefer any transfer from HSBC use a third party such as escrow, even a bag of cash would do. A necessary action that will likely lengthen the process.
It’s Happening Again…
That happened 19 days ago, and we still have not been able to get our money from that bank even though we have informed them that we need it urgently to pay bills. It’s not clear for what reason they are keeping it.
Now, nearly at the end of 2022, two different banks have our money, HSBC has held it for almost two years.
About Us
BitChute is a politically neutral company that has a diverse community in interests and backgrounds. We require that users only upload legal content that complies with our terms and community guidelines, and we have a team of support staff that ensure that is the case.
BitChute is pro freedom of expression, a universal human right. Furthermore, censorship and deplatforming are poor ways to tackle societal problems as they merely create echo chambers that can lead to bigger problems in the long run. It is important to allow people to express all ideas as this exposes them to immediate opposition and allows for a public deconstruction of any flaws they may contain. If you are against bigotry or racism or hateful ideologies, you should be for freedom of expression.
“Reputational Risk”
In recent years financial institutions have been using “reputational risk” to stealthily engage in political discrimination. If a financial institution takes action against a lawful company for its commitment to freedom of expression, that should be a very real reputational and material risk for the financial institution.
The idea that people or companies can be excluded from the monetary system and have their assets frozen over an opinion or lawful actions is despicable. This discrimination must be wholeheartedly rejected if we are to keep free and open societies.
Please spread the word about the unfairness of this, and share this anywhere you can. Let content creators know this is a worthy topic for a video. If you would like to contact HSBC about this or for any reason you can find their contact details here: https://www.hsbc.co.uk/contact/
I wish you all and your loved ones a very Merry Christmas and a Happy New Year and any other holiday you might celebrate.
AUTHOR COMMENTARY
Do they not err that devise evil? but mercy and truth shall be to them that devise good.
Proverbs 14:22
If you want to facilitate change and usher in compliance, go after people’s wallets. This is the same dirty trick PayPal, the IRS, and so many others are doing right now, in an attempt to get rid of the people they don’t like, burry truth, and free speech.
While I hope that this does not continue to happen, we all know that these types of shenanigans are going to continue increase moving into next year; and no one will notice and no one will care: just as long as they are continually given bread and circuses.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
The WinePress needs your support! If God has laid it on your heart to want to contribute, please prayerfully consider donating to this ministry. If you cannot gift a monetary donation, then please donate your fervent prayers to keep this ministry going! Thank you and may God bless you.
Bread and circus says “who cares the Cowboys beat the Falcons or the Colts beat the Steelers.”
I couldn’t care less! I’d rather play with rocks than watch football!
I knew of an army drill sergeant and I kid you not: his religion was the Pittsburgh Steelers. Well let’s see if the Pittsburgh Steelers will help you be caught up in the catching up, I doubt it.
They must be just a bunch of thieves, lol! “Steelers”
All I remember about the Steelers is that the Rooneys, the owners of the franchise, were very friendly with Obama. I knew a woman who said she was almost raped by a member of the Cleveland Browns football team, and that occurred at least over two decades ago, so these jerks have always been the kind of men to definitely avoid. I also cannot understand what that woman was thinking. Once i saw and heard some of the wives of these players and the first thing that came to mind was “shrews”.
Sort of, yeah. They steal your money, your attention, your maturity, your responsibilities, your sanity, and your time with Jesus and the King James Bible.
JEWS = BANKS Bring on Armageddon.
Pretty soon, publications that want to tell the truth will have to transmit their literature via personal e-mail to their subscribers because this censorship will not stop anytime soon. Anything that you deem important will have to be archived in a way where the information cannot be destroyed, so I’d stock up on disk storage devices and print-outs, before it all goes up in a cloud or we go “up the chimney”.
PS: One thing that the powers that be and their AI algorithms cannot control is communication via paper and cursive writing. That will be the next thing when the goons that really are behind all these social media platforms figure out how to censor personal e-mail. Write out the message, take a photo of it with a regular camera, and see how that works. One of these days I’ll have to experiment with that. They went to some trouble to get rid of cursive writing lessons in the public schools, and I think it was in anticipation of censorship days.
They’ve already started to use spam filters to reject emails that are considered “harmful” or “misinformation”, which is complete and utter nonsense… can’t even send out a newsletter anymore… Redacted News has had their newsletters filtered out as spam, or theirs and others sometimes don’t even show up at all – not filtered, they just never make it… fascism at its finest… let’s monopolize information and allow you to only see and hear what we approve of… welcome to China.
Hi. My name is Pat. I’m an American National and a Common Law Counselor-of-law. Ray Baby you need to contact me as I can put a stop to the banks freezing your accounts.
Pretty section of content. I just stumbled upon your blog
and in accession capital to assert that I acquire in fact enjoyed account your blog posts.
Any way I’ll be subscribing to your feeds and even I achievement you access consistently
fast.