not sure if this applies. https://www.paypal.com/us/webapps/mpp/ua/acceptableuse-fullYou may not use the PayPal service for activities that: relate to transactions involving ...(d) stolen goods including digital and virtual goods relate to transactions that ... (h) involve currency exchanges or check cashing businesses |
|
|
|
|
This was also being sent out to paypal member selling virtual currency back in may.
Hello ,
We have reviewed your PayPal account and found that you are operating as an
e-currency dealer/exchanger including the sale of electronic media of
exchange (such as electronic money or digital currency). Per our current
Acceptable Use Policy for Money Service Businesses, PayPal may not be used
to operate a currency exchange, bureau de change or check cashing business
including the sale of BitCoins.
To continue using your PayPal account, we need some additional information
from you. Keep in mind that we have placed a limitation on your PayPal
account, and this limitation will remain until we receive and review this
information. Please provide us with the following:
A brief affidavit stating that you understand and will comply with
PayPal's terms and conditions.
A listing of the products and services you offer.
A detailed explanation of your business model.
A list of all URLs or websites that will be used to receive payments.
The type of payments you will send and receive, including the type of
goods or services you will accept payments for.
Below you will find suggested affidavit language. Please make sure that the
requested affidavit is signed and notarized.
I the undersigned do affirm that I understand and will comply with PayPal's
policy regarding the use of PayPal Accounts to operate an e-currency
exchange business. I understand that PayPal may not be used to operate a
currency exchange, bureau de change or check cashing business. I further
affirm that any further detected violation of the policy may result in the
immediate closure of, or restriction to access to the account.
Please log in to your account and go to the Resolution Center to find out
what you need to do. Your account will remain limited until the issue is
resolved.
Additionally, in the future, if we find that your account is acting as a
dealer/exchanger, we will need to sever our business relationship with you.
We look forward to hearing from you and thank you for choosing PayPal as
your business partner.
Sincerely,
Robert
PayPal Compliance Department
PayPal, an eBay Company
|
|
|
|
Whenever I bought, I bought via eBay using Paypal, and I'm thinking to do the same, because you get paid very well over there, but reading here has just confused me. Ok, how about selling via Skrill/Moneybookers, anyone has tried that? Also, where does it say Paypal will ban your account, if you sell BTC? I searched the TOS and couldn't find anything, as it's not like Skrill or whatever. I exchanged on Okay and they give you dirt cheap rates and will never use them again! Looking forward to see how it works for you, so that I'll start doing so too  I might even start by selling here with as small as 0.001, then I'll jump to 0.1 when I can build a list of trusted buyers. Good luck everybody. Paypal may have changed their terms of services since the Presidents of both Paypal and Ebay have publicly expressed interest in bitcoin. Skrill/Moneybookers has also been know to shut down account selling virtual currency. |
|
|
|
|
Paypal is one of the BEST ways to buy and sell bitcoin. But as soon as paypal figures out what you are doing they will terminate your account and freeze any funds in your account and linked bank / card for up to 180 day.
|
|
|
|
If there is no consequence to defrauding people like this, then it will happen again and again.
We have seen this happen again and again in bitcoin mybitcoin bitcoinica bitfloor ( I know he gave cash back but did he give bitcoin back??) Pirateat40 Tradefortress. |
|
|
|
p.s. while it feels good to threaten and pound your chest violence often causes more trouble then it is worth.
QFT Although, for a moment, I entertained offering to relinquish all rights to my 6 BTC for the opportunity to deliver one (1) kick to his testicles with a steel toed boot.  I know how you feel. We've all been there. |
|
|
|
BCB, you may have misinterpreted the post.
I want punch him in the liver over 100 times.
--EDIT--
I should also note, I only had 1.5btc in. I'm in the lower echelon of getting screwed.
But what I'm trying to decide is if I should take it, or not take because of the incredibly unprofessional way he's been acting.
Mxisaac, The amount doesn't matter. That fact is you were defrauded and these small numbers added up to 4100 bitcoin. p.s. while it feels good to threaten and pound your chest violence often causes more trouble then it is worth. |
|
|
|
More then a few victims of TradeFortress's fraud have contacted me privately about how to pursue them. I'll just post my advice here publically. The Securities and Exchange Commission has filed a civil suit against Trendon Shavers for a similar issue so they are certainly interested in the subject. Trendon Shavers is a US citizen. I don't know TF or where he lives bu if he defrauded US citizens the US can go after him. The best advice I can give you is call or email this guy from the SEC and give him all the details. If he can't help you maybe he can tell you who can. And the more of you that file a complaint and the more total money lost the more likely they will pursue it. Good luck. Philip Moustakis Senior Attorney Division of Enforcement United States Securities & Exchange Commission 3 World Financial Center, Suite 400, New York, NY 10281-1022 (212) 336-0542 moustakisp@sec.gov |
|
|
|
|
Hey I'm not a fed. Nor a hacker. I was trying to determine what countries the users who where posting in that thread where coming from. No ip's were logged or probed. After the tracking pixel was discovered I got hammered by a few member (and doxed) and I took it down. The AWS instance was terminated and the logs are now gone. Stupid, but not malicious. Anyone who know me personally, and many of you do, can attest to that.
What I did determine was the the majority of the ips hitting that thread where from OUTSIDE out the US, which let me to believe we in the US were so worked up about the coming Senate hearing we started thinking about how to tell the US government what we think they want to hear. Thus coin marking and coin validation etc. The whole coin marking debate is trying to solve a US legal/regulation problem (in my opinion) and this is obviously NOT an issue for the rest of the world based on the angry feed back in that thread. So my personal conclusion is that any kind of coin marking, redlining (or what every it is called) has no place in the core protocol.
I'm also writing this after attending the two days of hearings in Washington DC where not one law enforcement witness requested greater access to the bitcoin protocol. They all said that bitcoin is legal, and they frankly have no interest in it as long as it is not being use in illicit activity. They also said that they have the tools and the statutes in place that they need to achieve there stated goals.
The bigger problem in the US for bitcoiners is the onerous State to State money transmitter licensing and the banking problem. Lawsky in NYS has announced new hearing here in NY coming up and I believe we need additional hearings in the Senate banking committee to address the banking issues.
So regarding the tracking bug it was a stupid move and I apologize for causing concern.
(And no I don't collect ip's - any records I have on scammers are posted publicly in the scammer threads. I don't save them anywhere else.)
And thank you bm888 for not doxing me. Anyone who has traded with me knows who I am or could easily find me and if anyone really needs to know who I am just pm me.
Thanks.
|
|
|
|
More then a few victims of TradeFortress's fraud have contacted me privately about how to pursue them. I'll just post my advice here publically. The Securities and Exchange Commission has filed a civil suit against Trendon Shavers for a similar issue so they are certainly interested in the subject. Trendon Shavers is a US citizen. I don't know TF or where he lives bu if he defrauded US citizens the US can go after him. The best advice I can give you is call or email this guy from the SEC and give him all the details. If he can't help you maybe he can tell you who can. And the more of you that file a complaint and the more total money lost the more likely they will pursue it. Good luck. Philip Moustakis Senior Attorney Division of Enforcement United States Securities & Exchange Commission 3 World Financial Center, Suite 400, New York, NY 10281-1022 (212) 336-0542 moustakisp@sec.gov |
|
|
|
Got my reply finally for 30%. Looks like he's basically offering the value of the money in USD from when it was deposited.
Nice try Tradefortress. 6 posts. Really. |
|
|
|
|
Start your own foundation or organization.
It is very easy to anonymously post here.
Come out from the shadows and take a stand if you feel so strongly about it.
|
|
|
|
You guys give the foundation way too much credit and way too much power. The bitcoin protocol succeeds because it is based on distributed consensus. The minors control the protocol. Collusion, gaming the mining process or a large pool with excessive hash power are far greater concerns that one Dev's theoretical and very relevant discussion. The foundation gave vess visibility and credibility (but it couldn't help him become a better businessman). It gave Gavin a salary. And it gave the community a fabulous conference that certainly supported bitcoin's wider visibility. Jon Matonis has publicly stated his vision and mission for the foundation under his leadership. Let's see how that plays out. Monday's hearing will be live stream. I suggest you all watch. http://www.hsgac.senate.gov/hearings/beyond-silk-road-potential-risks-threats-and-promises-of-virtual-currencies |
|
|
|
|
kncminerSCAM, are you really BFL_Josh??
|
|
|
|
|
Wires are safest but bank transfers and even ach trades with a trusted party are fine as well.
|
|
|
|
And seriously, go to DarkWallet campaign and send them 0.1 BTC. It's a damn shame the project that intends to preserve financial liberties of Bitcoin community is struggling to raise 50K USD to fund the development: http://www.indiegogo.com/projects/bitcoin-dark-walletInteresting point Arvicco yet the legitimate business raise millions of dollars. circle.com coinbase.com bitpay.com itbit.com |
|
|
|
All businesses using this spynet will not reveal it publicly if they dont want to be boycotted.
Not a lawyer or anything, but wouldn't the business have to disclose that they are sharing your information to a third party? Not if they are located in the USSA. Actually to FinCEN: A financial institution or association of financial institutions that intends to share information...shall submit to FinCEN a notice described in Appendix A and shall be effective for the one year. But not to the users |
|
|
|
|
Show Posts
