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PayPal Restricted a User’s Account for Trading Cryptocurrency
Summary: In a Reddit post on November 25, a user revealed that the global online payments giant PayPal permanently blocked his account. The Redditor stated that the action was taken after conducting cryptocurrency trading on the platform. Based on the post, the company’s system marked the account, believing that the user was selling items worth $10,000 in a ...
In a Reddit post on November 25, a user revealed that the global online payments giant PayPal permanently blocked his account. The Redditor stated that the action was taken after conducting cryptocurrency trading on the platform. Based on the post, the company’s system marked the account, believing that the user was selling items worth $10,000 in a week. Subsequently, the user had to indicate that the transactions were actually crypto-related. Following a review of the customer’s activities, PayPal decided to permanently bar the account.
The feedback from the online platform reads: “After a review, we’ve decided to permanently limit your account due to potential risk. You’ll not be able to conduct any further business using PayPal.”
By Amy Liu
Tags: Account,Cryptocurrency,Paypal
Link: PayPal Restricted a User’s Account for Trading Cryptocurrency [Copy]
