bitmit is right in this case.. your personal info is not private
private info is things like your password
personal info is things like your address
Topic: A report about Bitmit and I am gonna sue them soon (Read 2410 times)
Sadly,it seems that according to their own TOS they have the rights to close my account at any time without notice.
Can't see it being legal for them to keep your money though.
It's not. They freeze your money for 60 days and then send you a check.
If this guy had 7 accounts though, odds are one or more of them were stolen/hacked. So no, he won't be getting any money back./
Take a look at:
Quote
itsusony sold you a ton of bitcoins...
and it is obvious that the paypal accounts you use are stolen/hacked or whatever....
I am one of your victims too... I just don't know how you sleep with all your victims suffering...
THIS PERSON IS A SCAMMER!
SOLD HIM BTC LAST MONTH... AND GOT PAYPAL CHARGEBACKS!!!
HIS BITMIT ACCOUNTS:
https://www.bitmit.net/en/item/42018-paypal-500-no-fee-escrow
https://www.bitmit.net/en/user/elbashadodo
http://lmgtfy.com/?q=elbashadodo
SOLD HIM BTC LAST MONTH... AND GOT PAYPAL CHARGEBACKS!!!
HIS BITMIT ACCOUNTS:
https://www.bitmit.net/en/item/42018-paypal-500-no-fee-escrow
https://www.bitmit.net/en/user/elbashadodo
http://lmgtfy.com/?q=elbashadodo
I feel sad for you if you loose money because you used PrayPal, but it really is your own fault for trusting a criminal enterprise with your money.
PayPal is awful and OP knew the risks of using it but blaming him for using 'a criminal enterprise' is a bit harsh.
As long as you have legal documents that prove you are who the account says you are then I can't see them being able to hold your money after 180 days, especially if you pay a few hundred dollars to get a lawyers letter written with a threat of legal action.
You just need to wait 180 days though.
You just need to wait 180 days though.
I think I will see what happens after 180 days.
Even if I could withdraw it,he totally ruined my business sadly.
I won't be able to make anymore exchanges for people that need paypal for 180 days.
Thanks everyone for opinions and help
Does anyone know what happens if a fake identity were used? I don't see how paypal would return any money to a false identity. Not that they would keep it forever, but it could be tied up in court for years, right?
My documents were not fake and they still didn't approve it.
I have read a similar problem with someone and he was told that the account is gone forever after they refuse the documents,even though he gave them valid documents too.
Here is the source of a similar problem to mine http://www.aspkin.com/forums/paypal-limited/40236-paypal-shut-me-down-ever.html
One of the upper expert people replied saying this
Quote
If you have done the steps needed and failed, account is toast. If you haven't, you need to try to get the steps done. Denying your appeal = account is over or you can call and try for supervisor. Not a good situation. Time to go stealth and go fresh, new accounts.
As long as you have legal documents that prove you are who the account says you are then I can't see them being able to hold your money after 180 days, especially if you pay a few hundred dollars to get a lawyers letter written with a threat of legal action.
You just need to wait 180 days though.
He said it was legal for him so you should tell him to take it up with PP. He can't hold you responsible for his own beliefs.
I think the confusion is from incorrectly using the term "illegal". It is legal and it is also legal for PayPal to freeze transactions and/or accounts that are in violation of their TOS.
What are you trying to prove ?
The word "legal" doesn't match the sentence "bitcoin and paypal exchange"
I'm not trying speaking for DeathAndTaxes (lord knows he's more eloquent than me) but I think all he's trying to say is that the Japanese guy has (correctly in my mind) misunderstood your intent when you said 'illegal' because it isn't 'illegal' to buy Bitcoin, it's just against PP's rules.
That being the case, your buyer is actually correct, it's not illegal so that's why he felt he could tell PP, not realising it's against PP ToS.
Does anyone know what happens if a fake identity were used? I don't see how paypal would return any money to a false identity. Not that they would keep it forever, but it could be tied up in court for years, right?
My documents were not fake and they still didn't approve it.
I have read a similar problem with someone and he was told that the account is gone forever after they refuse the documents,even though he gave them valid documents too.
Here is the source of a similar problem to mine http://www.aspkin.com/forums/paypal-limited/40236-paypal-shut-me-down-ever.html
One of the upper expert people replied saying this
Quote
If you have done the steps needed and failed, account is toast. If you haven't, you need to try to get the steps done. Denying your appeal = account is over or you can call and try for supervisor. Not a good situation. Time to go stealth and go fresh, new accounts.
Stopped reading right here
and started laughing.
PayPal is part of the evil bankster mafia's satanic monopoly.
all who support them deserve their eternity (or 180 days, whichever comes first) of torment.
Quote
It started like this
A japanese guy bought paypal
A japanese guy bought paypal
and started laughing.
PayPal is part of the evil bankster mafia's satanic monopoly.
all who support them deserve their eternity (or 180 days, whichever comes first) of torment.
Does anyone know what happens if a fake identity were used? I don't see how paypal would return any money to a false identity. Not that they would keep it forever, but it could be tied up in court for years, right?
He said it was legal for him so you should tell him to take it up with PP. He can't hold you responsible for his own beliefs.
I think the confusion is from incorrectly using the term "illegal". It is legal and it is also legal for PayPal to freeze transactions and/or accounts that are in violation of their TOS.
What are you trying to prove ?
The word "legal" doesn't match the sentence "bitcoin and paypal exchange"
Please cite the law which makes selling Bitcoins by PayPal funds a criminal activity. Cite the exact statute. Not your belief, or something your friend told you, or PayPal's TOS (which are not criminal statutes). You can't because (and apparently this is a very difficult concept for you to grasp) IT IS NOT ILLEGAL. Period.
Now PayPal's network is the private property of the PayPal corporation and as such they can set rules on their use of their property. This is no different than you have rules on what you let go on in your house (like never inviting D&T to dinner). You broke PayPal's rule and got caught and PayPal has taken action against you. However violating PayPal's TOS isn't in itself a crime.
You are talking about the meaning of "legal" "illegal" according to law
We are talking about the word "legal" "illegal" according to paypal,don't mix it up.
People buying and selling bitcoin is pretty much considered money laundry by the government. And people usually don't report these activities when filing tax. Tax fraud is a pretty big offense in the US.
He said it was legal for him so you should tell him to take it up with PP. He can't hold you responsible for his own beliefs.
I think the confusion is from incorrectly using the term "illegal". It is legal and it is also legal for PayPal to freeze transactions and/or accounts that are in violation of their TOS.
What are you trying to prove ?
The word "legal" doesn't match the sentence "bitcoin and paypal exchange"
Please cite the law which makes selling Bitcoins by PayPal funds a criminal activity. Cite the exact statute. Not your belief, or something your friend told you, or PayPal's TOS (which are not criminal statutes). You can't because (and apparently this is a very difficult concept for you to grasp) IT IS NOT ILLEGAL. Period.
Now PayPal's network is the private property of the PayPal corporation and as such they can set rules on their use of their property. This is no different than you have rules on what you let go on in your house (like never inviting D&T to dinner). You broke PayPal's rule and got caught and PayPal has taken action against you. However violating PayPal's TOS isn't in itself a crime.
He said it was legal for him so you should tell him to take it up with PP. He can't hold you responsible for his own beliefs.
I think the confusion is from incorrectly using the term "illegal". It is legal and it is also legal for PayPal to freeze transactions and/or accounts that are in violation of their TOS.
What are you trying to prove ?
The word "legal" doesn't match the sentence "bitcoin and paypal exchange"
He said it was legal for him so you should tell him to take it up with PP. He can't hold you responsible for his own beliefs.
I think the confusion is from incorrectly using the term "illegal". It is legal and it is also legal for PayPal to freeze transactions and/or accounts that are in violation of their TOS.
So, your customer money is in your paypal account now and you are not able to refund him the money?
No
Until now paypal is holding the funds and won't refund to my paypal even.
So, your customer money is in your paypal account now and you are not able to refund him the money?
Is it because you are using stealth account and not able to prove your identity to paypal?
Is it because you are using stealth account and not able to prove your identity to paypal?
Looks like he only has himself to blame if PP hold onto his funds.
As for your funds I guess you'll likely need to wait at least 90 days till your funds clear although I have no experience of how long they can keep a hold of your money.
As for your funds I guess you'll likely need to wait at least 90 days till your funds clear although I have no experience of how long they can keep a hold of your money.
Holding onto the funds is normal when we exchange large amounts with new customers.
We just make the customer tell paypal he sold something and we confirm it with paypal and they release the funds.
But he made it impossible sadly.
Even after all this,he has been constantly blaming me for 3 days,even bitmit assist him and give him my full private info when it was his fault.
Not sure how he can blame you if you already explained the consequences of telling them it was for Bitcoin.
He said it was legal for him so you should tell him to take it up with PP. He can't hold you responsible for his own beliefs.
Is it even legal for them to confiscate money? Maybe you should sue paypal rather than bitmit.
Sadly,it seems that according to their own TOS they have the rights to close my account at any time without notice.
Closing an account is one thing, confiscating funds without due process is a whole different ball of wax.
Frozen or banned it doesn't matter, PayPal can't and won't just "keep your moniez".
The funds will either:
a) go to law enforcement based on a seizure warrant (highly unlikely in this case)
b) be (partially) used to cover chargebacks and refunds (hopefully your other prior recent customers don't learn of this and decide to get a risk free "refund")
c) be refunded to "you" after 180 days (well the name on the account hopefully it is real)
If these are really your accounts in your names (or your "partners" names) then you should receive the net balance (minus any chargebacks and reversals) in 180 days. If banned and not just frozen you will never be able to open a new account again. The "good news" is that forming a corporation or LLC is pretty trivial (some states even allow you to do it online) so you can always open an account in the name of a business (LLC or corporation) where you are the sole member/owner/shareholder.
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