Gab has faced a lot of political persecution this year, but has become the home of tens of millions of patriots.
One of the most common problems it has faced is finding a bank that won’t cancel them.
Their current bank just closed their account for a vague reason without giving specific examples.
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.National File
This smacks of left-wing desperation at the fact that Gab is prospering.
Its CEO, Andrew Torba, knew this was coming.
He’s had plenty of time to get used to it as several banks have closed accounts with Gab in the past.
“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.National File
Imagine being banned from 4 banks in 4 weeks and still fighting on.
That’s what Torba and the Gab team did, and it’s truly inspiring to see.
He elaborated on the situation in comments given to the National File.
“Since the Biden administration came into office Gab has faced tremendous banking challenges,” said Torba, speaking exclusively to National File. He claimed that Operation Chokepoint, an Obama-era program which was originally meant to target banks who worked with firearms companies, is “being weaponized against us for political reasons, just as it was used in a similar way against conservative businesses during the Obama administration.”National File
This is sinister stuff, but Torba thinks it will get worse.
“I predict that soon we will see the same level of financial persecution used against churches who refuse to go woke and continue to preach God’s Word,” Torba continued. “Christians and conservatives need to wake up to what is happening in this country. We’re moving beyond simply getting banned from Facebook and Twitter and onto something much worse: they want us banned from the entire financial system,” he concluded.National File
It’s worth keeping these words in mind as the months and years go by.
The political landscape is changing for us as conservatives, and the freedoms the Founding Fathers gave to us are being taken away.
That’s going to mean a future that’s going to look very different than how it does now.