Money confiscated
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I was reading Twitter and a prominent Politician said that PayPal confiscates money. Is this true? I hope not as it’s worrying. Here’s the link to the statement. [removed]
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They are withholding the money of accounts they are cancelling, they say for 180 days when they will make a decision whether to refund or not. Basically theft but allowed under their terms of use, quite disgraceful. If this isn't nipped in the bud now it only become worse to the point where government as in China and Canada of all places will control the populace by a system of money control. For myself the jury is out, I'm giving them a week to change this rather stupid and it would seem masochistic decision, if not I will close my account, withdraw my Bit Coins which are now worth less than 30% of what I invested and take my business elsewhere encouraging as many others as I can in the process.
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