After Coinbase, PayPal Bans Social Media Platform Gab ‘Just Because’

Gab.ai, the social messaging platform born in 2016 as an answer to the “Big Social Monopoly” of extant social media giants, has lost access to its PayPal account. PayPal: Gab Should ‘Find Alternative’ Gab, which in June saw itself unexpectedly banned from US cryptocurrency exchange and wallet provider Coinbase, did not receive an explanation from […]

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PayPal: We’ll ‘Definitely Support’ Bitcoin If It Becomes ‘Better Currency’

Wilma Woo · May 22, 2018 · 11:00 pm The CFO of PayPal defended the case for fiat merchant settlements Monday, telling mainstream media the company could nonetheless “definitely support” Bitcoin in the future. CFO Rainey Points Finger at Volatility Speaking to CNBC in an edition of the network’s Mad Money segment, John Rainey, PayPal’s […]

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Embezzled PayPal Funds Laundered into Bitcoins via Online Game

Jeff Francis · April 7, 2018 · 1:30 pm Law enforcement in the UK confiscated almost 10 bitcoins from a PayPal scammer who laundered his embezzled loot through the Second Life online game. Far too often, the media and traditional financial institutions love to paint Bitcoin and other cryptocurrencies as being commonly used by criminals. […]

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