PayPal Bank Run!
The fallout from the PayPal "glitch", whereby they announced they would debit customer accounts up to $2500 directly for publishing "misinformation", continues. Do not take their $15 bribe. Delete your PayPal account. https://t.co/lFd7QBxG7M — Ian Miles Cheong (@stillgray) October 13, 2022 Despite this, however, it sounds as though PayPal has been experiencing an effective bank run : Following the trend to boycott PayPal, some users were having a problem closing their accounts. One user commented, “Endless hours chatting with the support here. Some people are able to close it in seconds. Others it takes weeks. Criminal.” Another said, “Looks like they’ve disabled Account Closure over at Paypal to prevent customers exiting their platform. No doubt there’ll be the usual corporate-speak on “temporary technical issue” inbound.” Well, consumers aren't stupid. When I began to research this issue, I discovered information that was already in the public doma...