Quote:
Originally Posted by em2nought
So, Paypal recently "accidentally" released a new policy stating that they would fine you $2500 if they thought you were spreading misinformation. Paypal has a link to your bank account by the way, so they could just go in and suck it right out. They said it the policy release was an accident, but what was it doing there in the first place? Deleted my banking info and closed my paypal. Bye, Bye.
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That's kinda old news and there's nothing accidental about it. That's in their TOS since June 2020, and also only applies to businesses.
The part about spreading misinformation being a violation of their TOS? The oldest full TOS I could find was from Oct. 2019 and that was in there already back then. in the archived changes to the TOS going to 2014 there was no mention of this being added or changed in the list of forbidden activities, so I guess that's in the TOS since atleast 2014. Just to make sure I went back as far as 2013 with the waybackmachine, and it's already in there.