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I've avoided having to trust PayPal with any sum of money since I first heard of their freezing practices years ago. Back then (not sure if this has changed) t
by iaw 11y ago
I've avoided having to trust PayPal with any sum of money since I first heard of their freezing practices years ago. Back then (not sure if this has changed) they weren't regulated like a bank so they could get away with some pretty shady behaviors.
I always suspected that they were taking the collateral and making short-term investments, this is the first time I've ever seen them try to do both with the same company at the same time...