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Bank of America Closes Roelof Botha’s Bank Account

83 pointsby undefined3840over 5 years ago

6 comments

semiotagonalover 5 years ago
&gt; And this is exactly what your company @PayPal did to me after ~10 years. With absolutely no explanation... #Bitcoin<p>&gt; Paypal closed my business account, and kept $5000 for 6 months. No explanation, no one to discuss with.<p>Some of the Twitter responses make this sound like poetic justice.
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danShumwayover 5 years ago
I realize he&#x27;s no longer in charge of Paypal, but less than a week ago: <a href="https:&#x2F;&#x2F;www.vice.com&#x2F;en_us&#x2F;article&#x2F;d3abgv&#x2F;paypal-pulls-out-of-pornhub-payments" rel="nofollow">https:&#x2F;&#x2F;www.vice.com&#x2F;en_us&#x2F;article&#x2F;d3abgv&#x2F;paypal-pulls-out-o...</a><p>I have very little sympathy for anyone behind Paypal, even past founders, having their accounts frozen now. I should be better, but I just don&#x27;t have that kind of charity in me at the moment.<p>May you reap what you sow.
Mathnerd314over 5 years ago
<a href="https:&#x2F;&#x2F;www.americanbanker.com&#x2F;news&#x2F;2018-bank-reputation-survey" rel="nofollow">https:&#x2F;&#x2F;www.americanbanker.com&#x2F;news&#x2F;2018-bank-reputation-sur...</a><p>Lowest ranked banks: Wells Fargo, <i>Bank of America</i>, HSBC, First National, Citibank, Chase<p>It&#x27;s not really surprising for the second lowest ranked bank to close accounts without warning.
tluyben2over 5 years ago
Not sure how he can expect sympathy... And yet he gets it; must be the short memory of the internet. Paypal made many people miserable with their ‘fraud protection’ so I guess he should totally understand this course of action.
ianhawesover 5 years ago
I’ve had the same thing happen with Citi. No warning, just woke up and found mine and my wife’s accounts frozen pending closure. I’m sure heads will roll when they realize who they’ve upset, but as for me I never found out.
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dangusover 5 years ago
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