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Topic: Why Doesn't Coinpal Sue Paypal? (Read 1318 times)

gigabytecoin
sr. member
Activity: 280
Merit: 252
Why Doesn't Coinpal Sue Paypal?
May 04, 2011, 07:10:42 PM
#6
Quote from: Mahkul on May 04, 2011, 06:47:04 PM
Quote from: gigabytecoin on May 04, 2011, 04:17:42 PM
Yea stupid idea I suppose...

With the number of people who have had their money held for 180 days through PayPal... if a class action was at all possible, I am sure it would have been created by now.

No worries, BitCoin will take care of Paypal sooner of later.

I get this amazing feeling every time I see a "Money Mart" or "Western Union" money transfer service...

Kind of like "you guys are goners!", or "yay for society" type of feeling!
Mahkul
sr. member
Activity: 434
Merit: 251
Every saint has a past. Every sinner has a future.
Re: Why Doesn't Coinpal Sue Paypal?
May 04, 2011, 06:47:04 PM
#5
Quote from: gigabytecoin on May 04, 2011, 04:17:42 PM
Yea stupid idea I suppose...

With the number of people who have had their money held for 180 days through PayPal... if a class action was at all possible, I am sure it would have been created by now.

No worries, BitCoin will take care of Paypal sooner of later.
gigabytecoin
sr. member
Activity: 280
Merit: 252
Re: Why Doesn't Coinpal Sue Paypal?
May 04, 2011, 04:17:42 PM
#4
Yea stupid idea I suppose...

With the number of people who have had their money held for 180 days through PayPal... if a class action was at all possible, I am sure it would have been created by now.
epii
full member
Activity: 210
Merit: 106
Re: Why Doesn't Coinpal Sue Paypal?
May 04, 2011, 04:15:28 PM
#3
With few exceptions, companies can refuse to do business with whomever they please.  Paypal isn't obstructing Coinpal, but simply refusing to let it use their service.  (Though, if it were impossible for Coinpal to reclaim their frozen assets, that would be a bit more complicated...)

Furthermore, using Paypal for currency exchange is against their terms of service.  With Coinpal, Paypal had implied in earlier communications that they were willing to look the other way, but that wouldn't be enough to stand up in court.
trentzb
sr. member
Activity: 406
Merit: 251
Re: Why Doesn't Coinpal Sue Paypal?
May 04, 2011, 04:02:54 PM
#2
No standing (damages) and probable lack of evidence secondary. IANAL
gigabytecoin
sr. member
Activity: 280
Merit: 252
Re: Why Doesn't Coinpal Sue Paypal?
May 04, 2011, 03:59:42 PM
#1
They are obstructing a harmless otherwise legal business.

Class action, anyone?
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