I received a mail today from paypal saying that, "After a thorough review of your account, we're initiating the closure of your PayPal account in order to protect us from potential financial losses. You'll no longer be able to use PayPal account." What potential losses?? I only use my account to be able to occasionally purchase goods on eBay and send money to friends. I assume I'm paying all the required fees. How can paypal possibly lose money on that? It doesn't make any sense. Has anyone else had the same problem?
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