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Crypto Content Creators banned from Mailchimp

The reason given by Mailchimp is the alleged terms of service violation.

Mailchimp a famous all-in-one marketing platform that helps users connect with prospective customers, clients and other interested parties recently suspended its services to crypto content creators.

Several cryptocurrency-related accounts were impacted, including those of Messari, a company conducting research on cryptocurrencies, and the Edge wallet, which offers self-custody coin holding services.

Swan Private’s Cory Klippsten also tweeted about the situation.

He said,” After Hubspot, Klaviyo, Twilio, and Mailchimp all getting taken bc of their crypto clients, it’s time for the entire marketing communications / CRM software industry to step up their security BIG time.”

Swan Private is the company that provides corporations and high-net-worth individuals with Bitcoin investing advice.

Additionally, Klippensten urged other marketing firms in the sector to “stand up.”

The reason discovered was that of service breaches which is why accounts were being “temporarily suspended” or disabled. The clause is against the “Acceptable Use” policy, which lists forbidden content on the Mailchimp website.

Mailchimp stated,” “cryptocurrencies, virtual currencies, and any digital assets related to an Initial Coin Offering” are prohibited due to “higher-than-average abuse complaints.”

However, this is not the first time Mailchimp has taken such a step.

In 2018, Mailchimp stated that disseminating cryptocurrency-related information is permissible as long as the sender is not engaged in “the manufacturing, sale, exchange, storage, or marketing of cryptocurrencies.”

But regarding the current events, Mailchimp has not yet released an official statement.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.