[Thorncorona]

Oh there's more than that. I've done some work in the past in some video games, and used to get paid through a Paypal registered under a pseudonym.

But since now Paypal requires your name, DOB, SSN, banking info, to simply transfer money out, the money is stuck.

I can't use the money to pay for things, because they require you to link banking info DESPITE the fact that I have cash balance. So basically, I had cash that I couldn't take out or use.

Now finally, they are figuring out how to steal that money.

[huhtenberg]

Yeah, that's the KYC for you. For all they know your account can be a part of a money-laundering scheme.

https://en.wikipedia.org/wiki/Know_your_customer

[thenickdude]

This is completely unavoidable due to government-imposed Know-Your-Customer regulations.

[slim]

sell the account to someone who can use it

[alpanka]

So basically rules created to stop money laundering forced honest citizens to engage in money laundering??