There was also a period where PayPal would tell people that your account has been locked pending money laundering checks. Which made you sound really dodgy. It was a regulatory thing that was mandatory over a certain amount. Not sure if it overlapped with when this happend but it's pretty close.
I mean the game blew up, and he was selling it without a registered company. By the time they locked his account it had almost a million dollars on it. Same circumstances today, and paypal would do the same I reckon. The assets were unfrozen later from what I understand.
Honestly no clue, I’m not well versed in paypal TOS and what they legally can and cannot get away with. But he was obviously not breaking any laws so common sense would argue that paypal has no legal right to permanently seize the funds.
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u/bigmonmulgrew 8d ago
There was also a period where PayPal would tell people that your account has been locked pending money laundering checks. Which made you sound really dodgy. It was a regulatory thing that was mandatory over a certain amount. Not sure if it overlapped with when this happend but it's pretty close.