I think I will see what happens after 180 days.

Even if I could withdraw it,he totally ruined my business sadly.
I won't be able to make anymore exchanges for people that need paypal for 180 days.

Thanks everyone for opinions and help

My documents were not fake and they still didn't approve it.

I have read a similar problem with someone and he was told that the account is gone forever after they refuse the documents,even though he gave them valid documents too.

Here is the source of a similar problem to mine http://www.aspkin.com/forums/paypal-limited/40236-paypal-shut-me-down-ever.html

One of the upper expert people replied saying this

You are talking about the meaning of "legal" "illegal" according to law
We are talking about the word "legal" "illegal" according to paypal,don't mix it up.

What are you trying to prove ?
The word "legal" doesn't match the sentence "bitcoin and paypal exchange"

No
Until now paypal is holding the funds and won't refund to my paypal even.

Holding onto the funds is normal when we exchange large amounts with new customers.
We just make the customer tell paypal he sold something and we confirm it with paypal and they release the funds.
But he made it impossible sadly.

Even after all this,he has been constantly blaming me for 3 days,even bitmit assist him and give him my full private info when it was his fault.

I heard you can use pp again but in stealth,which is something I wouldn't consider.
Not after what I have seen from them

Sadly,he understands English.
Sadly too,he told me before we deal that its legal to trade paypal for bitcoins in JAPAN.
So it doesn't look like he doesn't understand English,I have told him that its not legal like he thought and even if it was legal in his country its not legal in mine.
I have told him exactly in the message when paypal asked for the source of the funds "Tell them that it was for a diablo 3 item or anything that wouldn't cause problems,DON'T tell them that it was for bitcoins because its illegal"
And he never listened to me thinking that its legal in Japan to trade bitcoins for PP ....

Well for my account it started with being limited
I uploaded my full documents to them and surprisingly it was refused for no reason.
I made a research and they say if they refuse your documents,then the account is toast and I should start a new fresh account ....
I hoped it was just 180 days limitation and then I can withdraw money to my bank

Sadly,it seems that according to their own TOS they have the rights to close my account at any time without notice.

Well yah they are all good people and they are all my friends.


The 6 accounts are not owned be me as I stated,we own it me and my partners.
When 1 of us has the funds ordered by any customer he sends it and who ever got him the customer takes a portion of the fees.
I don't think you have a valid point about the TOS,I don't see anywhere in the TOS that says they would leak my info if someone requested it ?


I knew the risks,but would you ever think someone would trade with you and tell PP about bitcoin ?
Its more like he was trying to throw his own money in the trash but he had to take me with him.
It just wouldn't make any sense and nobody would have doubted it.
About bitmit,I will just give it a shot,I don't know where it is hosted too.


I know what you mean
You are talking about the accounts being limited and money would be able to withdraw after 180 days.
But this is a different issue sadly,since they have detected all of me and my friend's accounts with the same issue,they considered it as an insisting action to break their TOS so they did what they did.
We already exchange in many other e-currencies like Ukash/PSC/PM/MB/Neteller and more but we are sad for our loss.
Since the loss of our Liberty wasn't so much far from now,things getting worse :/

I don't really care much that bitmit leaked my information as much as the nature of it.

Bitmit is allowed to leak my Name/ip/phone maybe such info that are not much private.
But leak my full address ?
Thats something different.

ًWe all know that its illegal but we still do it to make profit.

Why would he tell paypal that he sold bitcoins,its like trying to get both of us busted.
It just makes non-sense right ?

Sadly I am not allowed to reveal my name and my partners since we keep bitcoin away from EMF
So that other currencies we deal with wouldn't be affected with people in here.
But 3 of my partners are very popular there with threads of over 1k+ replies.
2 of them has been in this business for 3 years already.

And I guess you are right,maybe its my fault I dealt with a foreigner that doesn't understand English :/
I thought he could have used his brain to know he shouldn't have told paypal about bitcoins but he dealt with me for 7k$,so I didn't think he was dumb enough to do it ....

By the way,do you even know that FBI/NPA/Interpol or what ever it is in his country wouldn't help him get his funds back even if it was stole pp funds ? because he gave his bitcoins for an illegal exchange ? and that bitcoins can't be refunded even by the police ?

Do you think if it was possible to get money back for such exchange I wouldn't have sued him for getting paypal close my accounts ?
And all of my accounts were for me and my partners in business.
I didn't own them all alone,we are more than one in a small online corporate that exchanges between electronic currencies on exchangemoneyforums.

First thing
Bitmit has no rights to give full info to anyone without an FBI or a court order.
Read law a little bit more

Second thing,my paypal accounts were not limited,they were SHUT DOWN.
And I store 60k on my accounts because I been working in e-currency exchange for 2 years already.
So sometimes some people want big exchanges,it is not my fault that he knew exchanging paypal to bitcoins was illegal and he still told paypal he sold bitcoins ?

Cellphone ?

It started like this
A japanese guy bought paypal funds from me with his bitcoins through bitmit.
After a couple of hours paypal wanted to investigate the funds to make sure it wasn't use for anything illegal which is normal and happens all the time.
I told the japanese guy to tell them that he sold me anything so that paypal can remove hold of the funds which always works with any problems from this issue.
Instead the guy told paypal he sold bitcoins for these paypal funds .....
In the next day paypal shut-down 7 of my paypal accounts that had over 60k$ in them and they won't give me back to it.
I have warned the guy before that its illegal to exchange bitcoins for paypal and told me its allowed in japan WHICH IS A BIG LIE.
Now the guy want to sue me for not giving him back the coins,I don't know if he has a valid reason.
I have lost 60k$ because of him but I can't sue him because my funds were used for illegal exchanges so I can't get it back right ?
And it seems he can sue me for not giving him back his coins in an illegal exchange too ?.

And bitmit co-operated with that kid and gave him MY FULL INFORMATION/ADDRESS/EMAIL/IP.
Thats enough to sue bitmit for leaking my private information to a normal customer right ?

I am already talking to my lawyer,but wanted to share this with everyone to be careful with bitmit.
The japanese guy bitmit name is itsusony so be careful.

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