In May, Folau was sacked by Rugby Australia, ending his career with the Waratahs and Wallabies after he posted a picture saying 'Hell awaits you!' with a list of sinners - including 'homosexuals, adulterers, liars' and then said they must repent to Jesus to be saved.
He launched a web page last week to raise money for the legal costs of trying to get his job back, which it said would cost $3m.
On Monday, it was taken down after receiving around $760,000, with Australia's GoFundMe regional manager Niccola Britton saying: "After a routine period of evaluation, we have concluded that this campaign violates our terms of service.
"As a company, we are absolutely committed to the fight for equality for LGBTIQ+ people and fostering an environment of inclusivity. While we welcome GoFundMe's engaging in diverse civil debate, we do not tolerate the promotion of discrimination or exclusion."
According to the website rugby pass, Folau's spokesperson said: "Unfortunately, GoFundMe has buckled to demands against the freedom of Australians to donate to his cause.
"There appears to be a continuing campaign of discrimination against Israel and his supporters."
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