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by milesskorpen 4365 days ago
While I know nothing about the details of this case, the vast majority of these cases seem to be due to mistakes on how the companies set up their PP accounts. PP needs to deal with fraud, and it can be hard to tell the difference between donations for a product to be launched sometime in the far future and a scam. I think the best practice is to get in touch with PP _before_ accepting nearly $300k and make sure they're expecting the money and understand the situation.

Statements like "PayPal, which is ultimately owned by Glenn Greenwald backer Pierre Omidyar ..." which are pretty obviously false (Omidyar owns <10% of the company) make me further skeptical of this article.