Post
Topic
Board Bitcoin Discussion
Re: TradeHill - Dwolla is being scammed and reversing transactions
by
Syke
on 29/07/2011, 21:47:37 UTC
I didn't see under what conditions Paxum can reverse charges. They should mention that. Mr. Paxum are you listening?
Yes, that would be good to know.

Certainly if someone compromises the bank or Paxum account, I suspect Paxum will block, maybe reverse transactions. While perhaps unlike, what are the circumstances and procedures?
I sure hope not. The next time MtGox publishes their password database, and some hacker finds my Paxum password is the same, Paxum has no need to reverse any transactions. I screwed up and it's my fault, not theirs. And yes, I'm speaking from experience. I did lose quite a bit of money due to the previous MtGox database.