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Yes they were using the BitPay provider when they were accepting Bitcoin, I assume they were made aware of that it was possible to track the transactions back t
by erk__ 5y ago
Yes they were using the BitPay provider when they were accepting Bitcoin, I assume they were made aware of that it was possible to track the transactions back to fraudulent credit card transactions, which I guess in some way could still make them liable for it.
- rosndo 5y agoThis is absolutely not what happened. Why come up with such crazy theories when this just comes down to double spends of unconfirmed transactions?
- anonymousab 5y ago> Another thing was that the vast majority of those transactions, for whatever reason, were fraudulent, where people were repudiating transactions or using illegal sources of funds and things like that. Seems like it was multiple things and "fraud" is just a catch-all term and Gabe didn't bother to list everything that they considered to be fraud.
- rosndo 5y agoOdds are that Gabe doesn’t even actually know or remember the reason.