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BREAKING: Canary debanked by Lloyds (www.thecanary.co)

submitted 1 day ago by geneva_convenience@lemmy.ml to c/unitedkingdom@feddit.uk

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The Canary has been debanked by Lloyds. Despite banking with them for almost a decade they are currently withholding a substantial amount of our money. We are left with barely any funds.

We do know that multiple other politically engaged people have suffered similar actions by other banks in recent times. It is not lost on us that powerful banks are able to restrict the financial activity of anti-Zionist and pro-Palestine organisations and individuals. Whilst we do not currently know the reasons behind our debanking, we cannot afford to be naive about this.

It is an outrage that the Canary has been unceremoniously dropped into financial instability with no notice or explanation from Lloyds.

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[–] triplenadir@lemmygrad.ml 0 points 16 hours ago

"The money-laundering rules of the world's foremost centre of financial corruption were certainly applied fairly by one of the world's most corrupt banks, and the economic attack againt anti-state media is just a happy accident for both of them" is a really hard take to understand.

Why do you trust a) the UK financial regulators b) Lloyds c) any current or recent government not to be selective in enforcing laws if it helps silence opposition?