Quote from: JoelKatz on August 14, 2013, 06:39:50 PM

Quote from: TheJamesFund on August 14, 2013, 10:40:29 AM

Paypal has no right to withdraw out of the bank account after the deposit is made, especially after 10 days.

Yes, they do. I even explained why in the post you are responding to.

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Anyways, I was awarded damages and collection cost. In my situation, there was no charge backs. Paypal withdrew money out of my account to hold funds and not because of charge backs.

Whether or not there was a charge back has nothing to do with anything.

Fundamentally, Paypal is a reversible payment service. They deliver funds from one person to another, so long as the sender actually wants to send those funds. If the buyer doesn't want to pay the seller or the sale violates Paypal's terms, Paypal reserves the right to disintermediate themselves, leaving the buyer and seller to resolve their dispute.

In your case, Paypal decided to disintermediate themselves. This just means they refused to handle the payment. The buyer still owes you the money and can still pay you if they want to. It's not Paypal's job to make someone pay you if they don't want to pay you. And it should be 100% clear to everyone that Paypal does not ever confirm a payment is irreversibly made.

As has been explained on this forum and many others, this makes Paypal unsuitable for selling Bitcoins to people you don't trust because the Bitcoin payment is irreversible and the Paypal payment isn't. You chose to rely on the honesty of the buyer. If the buyer is dishonest, then you're screwed, and that's not Paypal's fault. If the buyer is honest, they should have paid you once they got their money back from Paypal.

I Think you missed what I was saying. IN MY SITUATION....

1. The buyer did not do a charge back. <= buyer did not charge back nor did received funds back. Paypal held funds from me and reversed the BANK deposit that was completed quoting possible fraud.
2. I was AWARDED damages in District Court. = I sued I won

A District Judge made a decision thus your argument is invalid.
Also the rules of no e-currency and paypal was changed recently in 2013.