They might not be lying about Paypal holding on to funds. That's what they do in disputes. They've also recently (last six months, I believe) enacted a reserve system, so they'll hold on to a % of all your Paypal funds, judged based on certain risk factors. Legal, credit score, disputes, and so on.
I do think they're scapegoating to the highest degree here, but there may be a tiny grain of truth in that Paypal are probably hold on to a decent chunk of the payments they've recieved via Paypal.
That statement may be TRUE. Its the rest of the LIES I'm worried about. We're all supposed to believe their word is now gospel when they have lied from the start. The Coindesk article sums up this whole mess pretty well.
Oh, I wouldn't believe a word they say, now. Their shipping date promise is as hollow as every other promise. If they were committed to it, they'd put it in their T&Cs
It's kind of funny how shit hot they are on the legalities of refunds, yet shipping dates are as transient as mist. "Hope" is not a valid commitment. I'm not sure what holds them to September other than their word, and I think a lot of people don't think very highly of their word. Less talk, more action.
Lets just just assume, worst comes to worst, that they don't ship in September. Blah blah, setbacks., blah blah. What then? What's to stop history repeating? Words aren't enough.