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Probably because they are a russian company [0]. Yes they have an Inc. in the US but most likely the money goes to Russia. They are violating some sanctions. 0, https://twitter.com/flipper_zero/status/1503384490026151938 0, https://www.flipperdevices.com/jobs
Or could it be because of their product? https://flipperzero.one I’d not be shocked if their product danced somewhere on the line of legality. In a similar way that as it’s illegal to own lock pick set in some states, which can be also considered a personal pentesting hardware.
I don't understand how they left $1.3m sitting in a single account however. Surely they're not paying for bulk h/w component orders through PP.
Earlier quoted context omitted.
He was not a Russian citizen living in Russia during that time. So there is a huge difference.
So what's your point then? Everything made by a Russian is bad or what? :)
so "Everything made by Americans are bad and unreliable for foreign users"
If PayPal told them they'd literally be breaking federal law. So a money laundering flag seems most plausible given the silence.
Earlier quoted context omitted.
Or could it be because of their product? https://flipperzero.one I’d not be shocked if their product danced somewhere on the line of legality. In a similar way that as it’s illegal to own lock pick set in some states, which can be also considered a personal pentesting hardware.
Unlikely. The tweet thread says they asked for compliance information related to the business (address etc), which to me indicates it was sanctions-related. I don't understand how they left $1.3m sitting in a single account however. Surely they're not paying for bulk h/w component orders through PP.
What's the safest way to transfer money relatively anonymously nowadays? by relatively I mean that I don't care if gov/police knows, but the person who sends/receives money doesn't know me, I just don't want people from games to know me I've used paypal account with random name like Snarky Snark and managed to transfer like 300usd, but I'm worried that the next time they may block me somehow
Somewhat regrettably given the connotations also associated, cryptocurrency. In countries where there are legal, regulated exchanges, this pretty much meets the requirements there.
No information was given. After the 180 days "freeze" period, they announced that the funds would not be returned, ie: they stole the money.
We lawyered up. Their legal team refused to acknowledge official communications from our lawyers, citing "Customer Privacy Protection".
When we turned up the heat, we were told that our French lawyers (for a French company, and a French account) had no jurisdiction - the account was managed by PayPal Luxembourg.
We retained Luxembourg-based lawyers. PayPal Luxembourg refused to communicate with the lawyers, regurgitating "Customer Privacy Protection".
We lodged a complaint with the CSSF, the Luxembourg monetary watchdog. PayPal finally replied via the CSSF, citing that our account was selling illegal products, ergo the proceeds were illegal, ergo PayPal deserved to keep them.
None of the products they cited were ever featured on our site. They included screenshots of other sites. When this was transmitted to the CSSF, PayPal silently released all funds owed, but continued to defend their position.
We are now pursuing damages; PayPal Luxembourg is now claiming that the CSSF has no jurisdiction over them, because the accounts are French / HK / Australia.
PayPal has an active policy of abuse and racketeering. They know the legal system. They use multiple jurisdictions in their T&Cs to maximise and legalise their theft (IE, PayPal Luxembourg cites UK law in the T&Cs to allow punitive damages for perceived breaches of their illegal contracts).
They know the legal system, and use their multi-national entities to avoid oversight from watchdogs. They know customers don't have the resources to pursue them. We've spent well over 100k to recover 50k, but someone has to stand up to these thugs.
If you're in a similar situation: Don't be intimidated. Get lawyers, and pursue them via the monetary authorities in your country. They have made theft a business model; apply pressure on the entities that can apply pressure on them, and you'll have a good chance to get your money back.