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PayPal stole users’ money after freezing, seizing funds, lawsuit alleges

Accepted submission by Freeman at 2022-01-14 17:41:51 from the customer service dept.
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https://arstechnica.com/tech-policy/2022/01/paypal-stole-users-money-after-freezing-seizing-funds-lawsuit-alleges/ [arstechnica.com]

PayPal is facing a class-action lawsuit alleging that the digital payments company violated racketeering laws by freezing customer funds without offering an explanation.

When users contacted PayPal about the frozen funds [arstechnica.com], they were told they had violated the company’s “acceptable use policy” but weren’t told how that violation had occurred, the lawsuit says [arstechnica.net]. What’s more, it alleges that in at least one instance, PayPal said that a user would “have to get a subpoena” to find out why.


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