PayPal sued for freezing customer accounts without explanation

By Joe Schneider

PayPal faces lawsuits for freezing users' accounts without explanation, prompting claims of violating racketeering laws. — PayPal

PayPal Holdings Inc., a popular digital payment platform, violated racketeering laws by freezing customer money and refusing to provide an explanation for the move, three account holders alleged in a federal lawsuit.

PayPal, which has an estimated 325 million account holders worldwide, put a hold of as long as six months on funds for alleged violations of its 65-page user agreement, according to the complaint filed Thursday in California.

Subscribe now and stand a chance to win prizes worth over RM40,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.


Related stories:
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read

Some of the world's best destinations for whale watching
Global24m ago

Some of the world's best destinations for whale watching

HSBC Malaysia sets new benchmark for affluent banking
STARPICKS

HSBC Malaysia sets new benchmark for affluent banking

Barred Russians spar with pro shuttlers led by Wee Kiong
Badminton30m ago

Barred Russians spar with pro shuttlers led by Wee Kiong

SC's AOB bars auditor from public interest audits for one year
Business39m ago

SC's AOB bars auditor from public interest audits for one year

Myanmar district chief suspended for raping four women, sentenced to 10 years in prison and 300,000 yuan compensation
Myanmar44m ago

Myanmar district chief suspended for raping four women, sentenced to 10 years in prison and 300,000 yuan compensation

Soccer-Celebration gone wrong, Forest goalkeeping coach gets stitches on head
icon video
Football48m ago

Soccer-Celebration gone wrong, Forest goalkeeping coach gets stitches on head

Cambodian train derailment sees 70,000 litres of diesel spilt
Cambodia1h ago

Cambodian train derailment sees 70,000 litres of diesel spilt

Vietnam PM attends ceremony announcing Unesco World Heritage status for Yen Tu-Vinh Nghiem-Con Son, Kiep Bac Complex of Monuments and Landscapes
Vietnam1h ago

Vietnam PM attends ceremony announcing Unesco World Heritage status for Yen Tu-Vinh Nghiem-Con Son, Kiep Bac Complex of Monuments and Landscapes

Singaporean gets 72 years' jail, 24 lashes for murdering wife and stepson
Nation1h ago

Singaporean gets 72 years' jail, 24 lashes for murdering wife and stepson

IAB signs underwriting deal with M&A Securities for ACE Market listing
Markets1h ago

IAB signs underwriting deal with M&A Securities for ACE Market listing

Chinese national jailed, fined for causing hurt to Immigration officer at KLIA
Nation1h ago

Chinese national jailed, fined for causing hurt to Immigration officer at KLIA

South Korean actor Lee Ji-hoon accused of domestic violence by wife
Entertainment1h ago

South Korean actor Lee Ji-hoon accused of domestic violence by wife

Load more

Copyright © 1995- 2025 Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a subscriber? Log In