Quote from: magneto on December 02, 2017, 06:10:35 AM

Quote from: Sweeet on December 02, 2017, 04:27:10 AM

I woke up this morning to the terrifying message that my Paypal account is being permanently closed, without explanation or reason. It said: "At PayPal, we value a safe community for our customers to do business. We noticed activity in your account thats inconsistent with our User Agreement and we no longer offer you PayPal services." Also: "Any money in your balance will be held for 180 days, after which well send you an email with instructions about transferring your money." Luckily there is only about $800 on the paypal.

Even worse I am still at a debt to repaying all of your investments due to my margin trading losses. I now no way to grow the funds. I don't know how I will come up with the money yet, I need to find a new payment processor. For now expect possible late repayments, partial payments, and all repayments will have to interest less unfortunately. If anyone has any information of services like Paypal for receiving payments please contact me. Also I will not be taken any further investments until this is sorted.

Im extremely sorry to put everyone in this position.

Dang, but tbh you should have expected this, since you deal with BTC and all. It's not uncommon for paxful/lbc traders to get their paypal limited afaik.

What you should do is list down all outstanding debt and your current assets that you are ale to use to contribute in repaying the debt. Perhaps create a little group chat or whatever to get consensus on what should be done with the investors, whether to lock investments in USD to make it more manageable, etc.

For paypal alternatives, there is okpay, advcash, PM, etc. that i'm sure you are aware of. But not sure if they suit your needs.

I sort of did although the timing was really bad since I just took a big hit in margin trading and was at a debt to my investors, this was the one time that I was in a debt too. As for repaying investors I am going to need some time and planning to see what I can do, it will take a while to find an option for processing the cards if possible, if not making repayments as much as I can.