Amazon is refusing to restore the balances despite my attempts to provide such evidence. They don't care. They won't even provide an explanation for their revokation of the gift cards, despite it being my account that is the one affected.
......
Hopefully Amazon has good reason(s) for taking the actions they have done. Hopefully what they are doing is legal and involves a specific, correct decision for each separate gift card. Hopefully not too many other innocent people are getting ripped off (a purpose of this thread). And I hope that anyone else in a similar situation either avoids Amazon in the future (I'll be looking into shutting down my ~17 year old account with them shortly), or won't suffer further collateral damage from future decisions Amazon makes regarding their account.
These two paragraphs contradict each-other. Your first statement implies that you have evidence the gift cards were purchased via legitimate means (you do not), meaning not by a stolen credit card. Your second statement admits that you do not know one way or another if the gift cards were legitimately purchased or not.
Even if only a certain number of your gift cards were purchased with credit cards reported to be stolen, it does not mean they should not revoke all of the balances on all of your gift cards. Say for example you loaded balances from 25 gift cards onto your account and all 25 were purchased with different credit cards. This alone is very suspicious. Lets say that out of those 25 gift cards, 20 were purchased with credit cards that were reported stolen and the purchase of the gift card was reported as unauthorized. (you should remember that a card holder may not realize right away when their credit card is stolen and may not notice unauthorized transactions on their account until a long time after the charge shows up to their account - they have 60 days from the date of their statement to report a mistake on their account). Do you think it would be wise to revoke the other 5 gift cards as an abundance of caution, and refund the payment method used to pay for the gift cards? I would certainly say this would be a good business decision (and an ethical one).
My apologies for the lack of clarity, but you've misunderstood me. I was referring to my own payment for the cards in the first sentence. But in your second paragraph, you seem to be saying that a legitimate purchaser of cards (via 3rd party) should have all their funds revoked if some of the cards are not legit. Do you have any idea how outrageous that sounds to a victim like myself? Do you understand that saying you'd refund the payment method used to pay for the cards for the legit cards, that means the purchasers on Purse get their money back, but not I who paid them in bitcoin? So then they get a nice windfall, but I'm shafted by Amazon yet further for legit cards that I purchased! How is victimizing me further supposed to improve the situation? That's not ethical, and would be an outrageous and offensive decision.
What it comes down to is that you should never sell an item that can not be taken back (a bitcoin) for something that can be reversed (a credit card payment, gift card, etc)
That's been discussed in great detail many a time on this forum and plenty of other places too.
You tried to do an end run around that, and in doing tow, expected amazon to assume the liability that should have been on your shoulders in the first place. Would you have sold your bitcoins to someone for a direct credit card payment (say, with a square credit card reader)? Would you have sold them to someone who would only pay via paypal? Likely no to both of those, since you could have done so rather than using purse.
Sorry you lost your coins, but you can't expect amazon to let you Spend money on a gift card that they haven't been paid for. That you resold the card doesn't doesn't matter to the either.