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by jaybeeayyy 1888 days ago
From reading through the tweets and also being a backer (meaning I saw the charge from em), it looks like it might be related to people asking their banks to charge back because they saw a charge from “Hero’s Capital” instead of “Flipper inc” (whatever it is lol).

That makes sense but I’m a bit surprised at how many people immediately started the charge back process and said it was fraudulent. I looked at my statement, saw the cost matched up with the amount I was to be charged that same day and put two and two together. Flipper might not have alerted to the different name in a timely way, but they sent out a bunch of emails counting down to the day people would be charged.

If that is the case, the blame falls mostly on the Flipper folks for the lack of clarity of who would be charging backers. I’d say a there’s a bit of blame on the people charging back w/ fraud claims so quickly, too. The likelihood of your card being used fraudulently for the exact amount you were scheduled to be charged on the expected day is incredibly low.