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PayPal blocked Flipper Zero account with $1.3M

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Re: PayPal blocked Flipper Zero account with $1.3M

#101

Earlier quoted context omitted.

> Do Russian citizens not deserve to make an honest living? Do Ukrainian citizens not deserve a life free of a war of aggression caused by Russia's invasion? Sanctions are mild inconvenience for Russian citizens compared to what Russia's government is imposing to the Ukrainian citizens. Not that I would defend Paypal though, they are a shitty company. Russian citizens can earn an honest living after Russia leaves Ukr…

Are all muslims also subject to these sorts of reparations demands (for the killings and destruction of 9/11)?

> Are all muslims also subject to these sorts of reparations demands (for the killings and destruction of 9/11)?

Islam isn't a nationality.

Re: PayPal blocked Flipper Zero account with $1.3M

#102
post #44

I'm not justifying this on any level but I'm also starting to lose sympathy for businesses who get screwed by Paypal. Screwing people by freezing accounts is Paypal's MO. It's their signature move. It's their default behavior. This isn't even remotely secret. If, after knowing that, you choose to keep your money with that business, that's to some degree on you.

When more than 50% or your customers pay with PayPal, what do you suggest?

There are plenty of other options. Bitcoin for one.

You can come up with all sorts of reasons why this is bad or won't work if you want.Feel free to keep your money instead with a company who you know for a fact has no problem taking it from you then. Again, zero sympathy when the inevitable happens.

Re: PayPal blocked Flipper Zero account with $1.3M

#103
post #77
post #30

PayPal performed a "freeze and seize" on our account ~12 months ago, netting just over 50k EUR. They then went on a war of attrition, enumerating across distinct companies, shareholders seizing funds across all accounts (including accounts of unrelated companies and personal accounts in Hong Kong and Australia) No information was given. After the 180 days "freeze" period, they announced that the funds would not be re…

PayPal had those kind of problems simce at least 15 years. Why are people still using it ?

What alternatives do we have for global payments? Stripe I already know about. Anything else?

Re: PayPal blocked Flipper Zero account with $1.3M

#105

Wasn't it because they basically told backers that "they didn't purchased anything", and instead of focusing on fulfilling kickstarter backers orders, started selling them in shops, so you could actually get the device faster purchasing it normal way in e-store, instead of backing the campaign, which pissed off a lot of people who started complaining and got muted? I've heard that even talking about that on their dis…

Not at all — I was a backer a year or two ago (but not quite early enough to get a black unit) and just received mine a month or two ago.

Re: PayPal blocked Flipper Zero account with $1.3M

#107
As someone who was defrauded by flipper zero, I am glad that paypal is holding onto this money until after the products are delivered to customers. Zoe told me that my money was forfeit and I will not be receiving my flipper zero because I did not confirm my address in time. L

Re: PayPal blocked Flipper Zero account with $1.3M

#108

In the last few weeks I read several stories here on HN with the same pattern: "company X blocked my/our account and refuses to give any explanation". Just a few examples of X: Google, Oracle, Citibank, and now PayPal. What's going on with big companies? Did they just decide to give up with their reputation?

Maybe a slow break towards corpo-governments? They are starting to realize they can ignore the government and laws without repercussions.

Re: PayPal blocked Flipper Zero account with $1.3M

#110

Earlier quoted context omitted.

It's a US sanction. Yes, it would be bad for the employee who makes the decision that this account isn't within the sanction's scope. If US government disagrees, the employee will likely go to jail. It's expected for companies to overdo the sanction considering that under-doing could get employees a long jail time. Plus, Paypal employees get paid the same whether or not Flipper Zero is within the sanction's scope.

Are there any official sanctions that affect non-Russian companies with Russian-born founders and employees?

A handful of specifically named entities, and that's about it.
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