PayPal reverses plan to fine users $2,500 for "misinformation" - Kotaku In Action 2

PayPal reverses plan to fine users $2,500 for "misinformation" (notthebee.com)

posted 2 years ago by Galean 2 years ago by Galean +32 / -0

PayPal reverses plan to fine users $2,500 for "misinformation," claims announcement "went out in error"

After yesterday's shocking report of PayPal's new terms allowing the company to fine users $2,500 if they deem them guilty of spreading "misinformation," the company has now walked back the new policy and even claimed it was announced "in error."

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– OmegaBird 7 points 2 years ago +7 / -0

This is old news by this point. The story is evolving, now thet are possibly facing bankruptcy from what is effectively a bank run.

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– tylerthet3 4 points 2 years ago +4 / -0

We can only hope.

Edit: I advocate a bank run in general due to non-existent savings rates in light of relatively high federal reserve rates. Look at the 13 Week Treasury Bill yield currently. Pays much better than a savings account or stuffing your money into a checking account.

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