The Variety he says: On Friday, July 29, Judge Cormac Carney of the U.S. District Court for the Central District of California issued a decision in Fleites v. MindGeek, denying Visa's motion to dismiss that it violated California's Unfair Competition Law. (PDF)
This law prohibits illegal, unfair or fraudulent business operations and any practices payments for child pornography.
In his ruling, Carney ruled that Visa engaged in a criminal conspiracy with MindGeek to monetize child pornography.
Specifically, he stated that:
“Visa knew MindGeek's sites were winning money from child pornography,” that there was a “criminal financial agreement benefits since childhood porn which can be inferred from [Visa's] decision to continue to recognize MindGeek as a merchant despite allegedly knowing that the company derived significant revenue from child pornography.”
It also states that "the court may conclude that Visa intended to assist MindGeek in generating revenue from child pornography by knowingly providing the tool used to complete the crime."