Post
Topic
Board Currency exchange
Re: CoinPal | Bitcoin to Paypal
by
posormo
on 14/11/2013, 12:34:57 UTC
Sent an email to PayPal reporting this site for violating Paypal's accepted use policy. Hopefully paypal shuts this down before more people uses it and loses the money (paypal has been known to reverse all transactions befor, look at thebitman). Your account balance will be negative and you'll (the users who use coinpal) receive calls from paypal's collection department.

Help out, go here:

https://www.paypal.com/us/webapps/helpcenter/helphub/home/?action=emailus

Email us

Report Fraud / Prohibited Use

High Risk Business / Prohibited Use


Why did I report it? Because the sooner this is shut down (this WILL be shut down), the less victims there will be.

Paypal does not care about charge back rates - the original coinpal had 0.7% chargeback rate and got shut down, even after assurance previously from paypal what they are doing is OK. Look at FastCash4Bitcoins which did something similar and are now shut down. Nobody escapes the wrath of paypal - if you think you are special, you ARE a scammer as your customers will be victims when paypal reverses transactions.

And the tooling begins, why do people like you even do this, if you had half a brain you would realize that you are investing in an illegal currency, like WTF really?

Clearly you aren't half intelligent are you.

I'm glad its been reported.  It would get shut down eventually by Paypal.   At that point, people will lose their money and this "marketing" rep for the company would run away with the BTC.   To many shady companies.   He claims to be their Marketing VP but doesn't know to refer to them being in the Netherlands?  Their domain is proxied.   pfffft don't trust them.