PayPal Sneaks Fine Back Into ToS
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Yes but not for extremely vague and nebulous things totally unrelated to whatever you are buying or selling.
the only change was it was brought to peoples attention is all.
I think it affects only sellers and it is new. 4th bullet: Provide false, inaccurate or misleading information;
https://www.paypal.com/us/webapps/mpp/ua/useragreement-full?locale.x=en_US#s4-restricted-activities