it largely depends on which country you are in
I agree not to lie, but you also unnecessary to tell them the truth, you just say you are selling virtual/digital goods via paypal/
Topic: Paypal questions - page 2. (Read 1460 times)
I have heard about these types of scams using Paypal. I would recommend staying away from trying to sell this way.
People can say they never received Bitcoins they bought through Paypal and ask for a chargeback from the seller. The person you sold the Bitcoins to might be telling Paypal he never received them and requesting a chargeback. If you can prove you sent them you should be OK. It's not strictly against the rules to sell Bitcoins for a Pypal payment.
That could be possible.
Another reason is they might be investigating for a possible MLA activity specially if it involves a considerable sum of money. Else, you should be good if its done in good faith.
I have sold some bitcoins with my paypal account, and now Paypal is asking me for clarifications for the bitcoin transactions.
What should I tell them ? I guess it's not allowed to deal with bitcoins ? What will they do if I tell them I sold bitcoins ? Can they refuse to give me my money ?
I doubt they are going to release your account now.What should I tell them ? I guess it's not allowed to deal with bitcoins ? What will they do if I tell them I sold bitcoins ? Can they refuse to give me my money ?
Any kind of currency exchange is against PayPal's Acceptable Use Policy.
Check point # 3(h) here: https://www.paypal.com/uk/webapps/mpp/ua/acceptableuse-full
and why don't telling them that you sell bitcoin there is one of the market product so it is legal i think so tell the truth and don't worry they will give you your money
Paypal will do whatever it can to close your account, especially if you've got some money in it. They win.
It happened to more than one person that I know of.
It happened to more than one person that I know of.
I have sold some bitcoins with my paypal account, and now Paypal is asking me for clarifications for the bitcoin transactions.
What should I tell them ? I guess it's not allowed to deal with bitcoins ? What will they do if I tell them I sold bitcoins ? Can they refuse to give me my money ?
Whatever you do, don't lie. You will be in very big trouble if you lie. This is a federal crime and you'll get done for money laundering. Just like those two guys in Florida - Jail is soon in your future if you lie. Don't be an idiot. What should I tell them ? I guess it's not allowed to deal with bitcoins ? What will they do if I tell them I sold bitcoins ? Can they refuse to give me my money ?
People can say they never received Bitcoins they bought through Paypal and ask for a chargeback from the seller. The person you sold the Bitcoins to might be telling Paypal he never received them and requesting a chargeback. If you can prove you sent them you should be OK. It's not strictly against the rules to sell Bitcoins for a Pypal payment.
I have sold some bitcoins with my paypal account, and now Paypal is asking me for clarifications for the bitcoin transactions.
What should I tell them ? I guess it's not allowed to deal with bitcoins ? What will they do if I tell them I sold bitcoins ? Can they refuse to give me my money ?
What should I tell them ? I guess it's not allowed to deal with bitcoins ? What will they do if I tell them I sold bitcoins ? Can they refuse to give me my money ?
Jump to: