newguy05



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Someone is sitting in the shade today...







Hero MemberActivity: 1316Merit: 503Someone is sitting in the shade today...

WARNING: PAYPAL STARTED MASSIVE ACCOUNT BAN ON ANYTHING BITCOIN RELATED February 04, 2014, 05:02:47 PM #1 FYI, paypal has started a massive banning campaign on accounts selling anything bitcoin related, whether it's mining equipment, ebooks, or the currency itself.



This is a new action they started around mid Jan of this year.



You will be warned once, then your account will be perm banned from paypal, with all money inside frozen.



I got called from paypal because i sold a few casascius coins (no issues with the transaction itself, buyers all happy). But the lady said because i sold bitcoin my account is now under review for a perm ban. I stated i have been selling since early 2013 with no issues, and it's perfectly legal within ebay they even created a new category called virtual currency for it.



But she could careless just reading off a script, but I managed to get it out of her it's some new policy they are now implementing against bitcoin. She doesnt really even understand what it is, as long as the auction has the word bitcoin in it, over certain $ amount, and buyer paid with paypal, you are at risk getting the hammer. If you check online many similar stories in the last month or so.



That's one way to try shut down the competition. ,,!,, paypal