Posted by MH on April 01, 2002 at 06:32:58:
In Reply to: WARNING - PAYPAL GOING UNDER - FREEZING ACCOUNTS posted by spOOk on March 31, 2002 at 22:32:51:
Yes, Paypal can and has frozen accounts at times and there is a pending class action lawsuit against them BUT they are not going under because of it.
This is obviously a scare tactic to create a run on withdrawals from the Paypal system.