The crypto payment processor got some really bad news yesterday. SpankPay is shutting down (again). This is the second time in as many months this has happened to them. SpankPage was a service that allowed adult content creators to accept payments via crypto, with fees as low as 1%. In comparison, other platforms charge Adult Content creators 20-25% to accept payments. They notified their customers via email and on Twitter, letting them know that it was an issue beyond their control. Here is a copy of their message.

Once again, we have unfortunate news: Payments on SpankPay are suspended indefinitely (again), this time because @sendwyre decided to shut down our account in a targeted fashion. ithdrawals from http://SpankPay.com are temporarily offline, but users can contact support@spankchain.com to have our support team manually process your withdrawal. User balances are unaffected. Thank you for your patience and understanding, we will follow up with more information soon.

You can follow SpankPay on Twitter ta @SpankPay.