[Ipg-smz] PayPal bans Hacker News

Matt Heusser matt at xndev.com
Wed Jan 2 17:46:37 UTC 2019


thanks Ron, It wasn't clear to me at first, is now.

On Wed, Jan 2, 2019 at 12:38 PM Ron Miller <ronsmiller at gmail.com> wrote:

> If that wasn't clear, this involves a little known publication called
> "The" Hacker News, which is not the same as Hacker News, a tech news
> aggregation site not unlike Slashdot, which is owned and operated by Y
> Combinator.
>
> On Wed, Jan 2, 2019 at 11:06 AM Ron Miller <ronsmiller at gmail.com> wrote:
>
>> 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/>
>>
>> Connect: Twitter <http://twitter.com/ron_miller> LinkedIn
>> <http://www.linkedin.com/in/ronsmiller/>  About me
>> <https://about.me/ronsmiller>
>>
>>
>>
>>
>>
>
> --
>
> Ron Miller
> Freelance Technology Journalist
>
> Enterprise Reporter, TechCrunch <http://techcrunch.com/author/ron-miller/>
>
>
> Connect: Twitter <http://twitter.com/ron_miller> LinkedIn
> <http://www.linkedin.com/in/ronsmiller/>  About me
> <https://about.me/ronsmiller>
>
>
>
>
> --
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-- 
Matthew Heusser,
Managing Director, Excelon Development
http://www.xndev.com


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