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Billionaire activist investor Bill Ackman and Justice Defense Fund CEO/Founder Laila Mickelwait had a full 17 minutes on CNBC’s Squawk Box morning show, where they called out Visa’s CEO for Visa’s ongoing relationship with Pornhub.
The interview came in the wake of a landmark decision by federal judge Cormac Carney DENYING Visa’s motion to be dismissed from a groundbreaking chid sex trafficking lawsuit brave survivor Serena Fleites filed against Visa, Pornhub, and its parent company, MindGeek.
Two days after this interview, Visa’s CEO Alfred Kelley did something very unusual by releasing a personal statement announcing that Visa would finally cut all ties with Pornhub. This would include cutting off Pornhub’s advertising arm, TrafficJunky, which has been monetizing 4.6 billion daily ad impressions on videos that include illegal content such as child abuse, rape, and sex trafficking.
#trafficking #traffickinghub #mindgeek #pornhub #visa