[Ipg-smz] PayPal bans Hacker News

[Andy Patrizio]

Idiots.

 

https://www.cryptovibes.com/crypto-news/paypal-bans-the-hacker-news-bitcoin/

 

he Hacker News (THN), a cybersecurity news resource, has become the latest
notable PayPal user to have all its accounts frozen without notice. The
company alleged that PayPal acted without mentioning any reason and went on
to hold funds in these accounts illegally for 180 days.

In a series of December 28 tweets, officials announced that money from all
its corporate accounts with the global money transmitter was no longer
available. THN described that situation as 'frustrating' and accused PayPal
<https://www.cryptovibes.com/knowledge/5-quick-ways-to-buy-bitcoin-with-payp
al/>  of acting without offering valid reasons for their drastic bans. The
money transmitter has regularly initiated funds blocking against corporate
clients in the past including those in the cryptocurrency industry without
explanations.

Such blocks are a part of the service's terms of use, that feature the
caution that users can be frozen from their accounts without the company
having to explain.

 

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