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by unreal37 2063 days ago
The easy solution is: 1) double-verify the identity of the credit card holder using MFA or another way 2) don't allow refunds or chargebacks on cryptocurrency transactions.

Not every PayPal transaction is refundable.

I've bought Bitcoin using PayPal before.

1 comments

> don't allow refunds or chargebacks on cryptocurrency transactions

In practice this just means: when a hacker gets into your elderly family member's PayPal account, they need to buy as much crypto as they can since then there's no chargebacks for fraud.