Users were directed to PayPal’s user agreement, which states in part that PayPal can take a number of actions if users participate in restricted activities, such as holding their money in balance indefinitely. It also says that “you will be liable to PayPal for the amount of PayPal’s damages caused by your violation of the Acceptable Use Policy” at the amount of $2,500 per violation. After outrage ensued, PayPal then insulted everyone's intelligence - claiming the $2,500 penalty - which would have definitely gone through legal review - went out "in error" and "included incorrect information." “An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy,” a PayPal spokesperson told The Epoch Times in an email. “Our teams are working to correct our policy pages. We’re sorry for the confusion this has caused,” the spokesperson added.
PYPL -6%.Anyone caught shorting this woke payment platform will be fined $2500 — zerohedge (@zerohedge) October 10, 2022
No one accidentally publishes a policy where they steal $2,500 every time they say you spread misinformation or hurt the feelings of the pronoun brigade. They plan to do this when they know they can get away with it. Cancel your PayPal & Venmo accounts (they own Venmo). https://t.co/QYzTAxq0qZ— Robby Starbuck (@robbystarbuck) October 9, 2022
If you don't cancel your PayPal account for their malicious disregard for your money, cancel because they have such poor control of their legal documents, that they might, apparently, revise a key contract by accident.— Alexandros Marinos (@alexandrosM) October 9, 2022
But as Judicial Watch's Tom Fitton points out:
Just moved all money I had in my PayPal account out of it. And I very must suggest you do the same.This is serious. They are delaying the transfer “pending review” for 12 hours. But at least it’s done. #PayPal is dead. pic.twitter.com/Cr1EA1yQjh — Candace Owens (@RealCandaceO) October 8, 2022
Read more at: ZeroHedge.com
So @PayPal will not fine you but will ban, de-platform, and censor you for "misinformation"?— Tom Fitton (@TomFitton) October 9, 2022