Citizen Action Alert re: PayPal
Reposting Mercola's report
Oh the irony! PayPal could fine a person for telling people that ‘PayPal fines people for spreading misinformation.’ Can the world get any crazier?
IN BRIEF—MERCOLA:
PayPal Is Stealing Funds
Adding insult to injury, PayPal is also seizing any money you might have in your account on the day of deplatforming. As reported by independent journalist Matt Taibbi in May 2022:
“In the last week or so, the online payment platform PayPal without explanation suspended the accounts of a series of individual journalists and media outlets, including the well-known alt sites Consortium News and MintPress ...
Consortium editor Joe Lauria succeeded in reaching a human being at the company in search of details about the frozen or ‘held’ funds referenced in the note. The PayPal rep told him that if the company decided ‘there was a violation’ after a half-year review period, then ‘it is possible’ PayPal would keep the $9,348.14 remaining in Consortium’s account, as ‘damages.’
‘A secretive process in which they could award themselves damages, not by a judge or a jury,’ Lauria says. ‘Totally in secret’ ... This episode ups the ante again on the content moderation movement ... where having the wrong opinions can result in your money being frozen or seized. Going after cash is a big jump from simply deleting speech, with a much bigger chilling effect.”
Mercola’s report continues-
... Lots of sites reported that PayPal had retracted its plan to fine people $2,500 for misinformation, but the $2,500 amount is still in the policy. It’s just that the misinformation part is not going live — yet.
Of course, this raises another question: if the $2,500 liquidated damages thing has been in there since at least 2021… has PayPal ever actually done that? ... The fact that the $2,500 damages clause is still in the PayPal policy today still seems like a pretty big deal.
Hiding the fact that a company might take $2,500 from you by burying it in an acceptable use policy no one is going to read seems like not a great thing, whether or not the policy includes ‘misinformation’ as a triggering event.”
Article link: