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PayPal Freezes Cryptome's Account

Posted by kdawson on from the gov-com-business-model dept.

grimwell sends in the news that after Cryptome's little run-in with Microsoft and NetSol, the activist site has now had its funds frozen by PayPal. Cryptome founder John Young notes, "Google lists thousands of instances of this asymmetrical high-handedness." "We have reviewed your PayPal Account, and due to the excessive risk involved, we would like to begin parting ways in a manner that is least disruptive to your business."

4 of 253 comments (clear)

  1. No they wouldn't... But they *would* be able by Colin+Smith · · Score: 2, Funny

    If this were a federally-regulated bank they would not be able to do this.

    to bring the American Economy to it's knees instead.

     

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    Deleted
  2. Behind the scenes by Anonymous Coward · · Score: 1, Funny

    PayPal employees I used to know not only delighted in the "parting ways" email, they'd actively laugh at how there as no avenue of appeal so the customer was entirely SOL. With so many companies prostrating themselves to keep business, it's undeniably liberating to be able to flip clients off with company approval.

  3. Re:What's a Paypal? by Terrasque · · Score: 2, Funny

    Is this a trick question?

    Chuck Norris, of course.

    --
    It's The Golden Rule: "He who has the gold makes the rules."
  4. Re:What's a Paypal? by Jenming · · Score: 2, Funny

    Yay hookers and blow!

    --
    Morpheus, God of Dreams.