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PayPal Withholding Indie Game Dev's €600,000 Account

epee1221 writes "Markus Persson, a.k.a. Notch, the developer of Minecraft, posted on his development blog today that PayPal limited his account with unspecified cause on August 25th. Since then, payments for the alpha version of Minecraft have continued accumulating while Notch has been unable to withdraw them, and the account now contains over €600,000. PayPal recently told him it may take up to two more weeks for things to get sorted out and that if they conclude that there is funny business involved, they will keep the money." This unfortunate news followed an announcement a few days ago that he and a friend would be starting a studio of their own to continue development on Minecraft and start working on a new project.

5 of 775 comments (clear)

  1. Paypall thanks you for the interest free loan by spun · · Score: 4, Funny

    The CEOs were bouncing around in their piles of money so exuberantly that one got sick in his. The amount of money in your account fits our CEO frolicking needs perfectly. Thank you for the interest free loan, and don't ask about the funny smell on your money when you do receive it.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  2. Re:Sigh by bsDaemon · · Score: 4, Funny

    they may well be committing several laws

    Congress commits several laws every year, but no one's stopped them yet...

  3. Re:When is a bank not a bank by geekoid · · Score: 4, Funny

    The Vogons go into a rage of poetry writing when thinking about Paypal Bureaucracy.

    --
    The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  4. Re:When is a bank not a bank by Anonymous Coward · · Score: 4, Funny

    If PayPal stole close to $1,000,000.00 US from me and I couldn't get it back through legal methods, I'd burn their fucking building to the ground with them in it. That's more money than a lot of people see in their entire lifetime.

  5. Re:When is a bank not a bank by StikyPad · · Score: 4, Funny

    I take it a step further and just use borrowed cards.