BTC-e funds being held by PayPal

[Elphamyto]

So I sold $600.00 on BTC-e and cashed-out via USD PayPal. A few days later the money arrives in my PayPal account, however, the day after receiving the money the funds are put on hold (that is to say, subtracted from my account). The email I received from PayPal states: "You have received a payment that we believe may not have been authorized by the PayPal account holder..." While awaiting for PayPal to arbitrate this dispute, I'm reading tons of negative feedback about BTC-e fraud and my hopes of receiving these funds unscathed is rapidly diminishing. Is there anything I can do (or not do, for that matter) to help my odds at this point? Thanks for your feedback.

[Olly_K]

I've done exactly the same as you, cashing out into USD then into PayPal about 5 times now with BTC-e - no problems so far but this is worrying !

[Elphamyto]

Well after weeks of waiting for a settlement over my withheld payment, today PayPal has reversed the payment and sent the money back to BTC-e. Any help from BTC-e over the last couple of weeks would have greatly appreciated, and I would like to believe that they will respond to the support ticket which I submitted today... but obviously such help is asking too much. Apparently BTC-e has no intention of upholding their end of this deal. If they do decide to cooperate, I will gladly update my posts regarding their reliability, but until then, I advise people to steer clear of BTC-e as they are either fraudulent or negligent in their business transactions.

[primeomega]

any new update?  had to find a good place to sell LTC.

[Elphamyto]

Good news regarding this issue... Someone from BTC-e support responded to one of my many support tickets (which I placed weeks ago), stating that the money was re-sent to my PayPal account. The money was, in fact, re-delivered to PayPal and I have since successfully withdrawn said funds to my bank account.