[Ipg-smz] PayPal bans Hacker News

[Ron Miller]

Not to be confused with Hacker News, which is owned by Y Combinator.



On Tue, Jan 1, 2019 at 8:54 PM Andy Patrizio <andy at andypatrizio.com> wrote:

> 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-paypal/>
> 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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>


-- 

Ron Miller
Freelance Technology Journalist

Enterprise Reporter, TechCrunch <http://techcrunch.com/author/ron-miller/>

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