Got scammed at localbitcoins with the chargeback. Will Paypal help?

George555
Member
Member

Yesterday I made a transaction at localbitcoins exchanging Bitcoin for Paypal money. A few hours later the sender requested chargeback and Paypal put my money on hold leaving me with a negative balance. I started doing research and realized that this is a very wide-spread type of scam and looks like PayPal haven't protected any seller so far.  This is very suspicious, because this is obviously a scam and Paypal already knows about it.

 

Any hope that Paypal will help me solve this problem and punish the scammers?

 

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12 REPLIES 12

Mickeyroo
Member
Member
I'm in the same position the advantage is scammer unfortunately PayPal won't hear your side they are complicit
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OlivierNL
New Community Member
Same here a half year ago. Have try contact Localbitcoins and PayPal a lot. But they do nothing. Never warnings me for this scam. I STILL WANT MY 0.1 BTC BACK..
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JoanRocasalada
New Community Member

I've got scammed too, but I'll go to trials . If paypal acts like this and localbitcoin like that, there are jurisdiccions of serious countries whose Judges can punish this behabiour

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