PayPal stole users? money after freezing, seizing funds, lawsuit alleges

“PayPal’s user agreement and acceptable use policy cannot be used as a ‘license to steal,’” the complaint says.The three lead plaintiffs claim they had nearly $250,000 seized by PayPal. One plaintiff, Shbadan Akylbekov, ran a storefront selling hyaluron pens, which are filled with hyaluronic acid, a dermal filler that is used to reduce wrinkles. After numerous calls and letters to PayPal, he was finally told that the seizure was “for its liquidated damages arising from those [acceptable use policy] violations pursuant to the User Agreement.” He claims he never received a copy of that policy until his account was restricted. “Anyone else that got funds confiscated by PayPal feel free to reach out to my lawyers whom [sic] are starting a class action suit,” he said in a tweet last May. The lawsuit is seeking triple damages for the plaintiffs and class members.You must login or create an account to comment.Join the Ars Orbital Transmission mailing list to get weekly updates delivered to your inbox.