PayPal Returns Funds it Stole from Independent Media Orgs

Source: Libertarian Institute

“PayPal has reversed course after freezing thousands of dollars belonging to alternative media outlets Consortium News and MintPress News, agreeing to return money to both sites after seizing it without explanation last week. Consortium News editor-in-chief Joe Lauria announced the about-face on Wednesday, stating that the site’s $9,348 balance was made ‘eligible for withdrawal’ late on Tuesday night, some 48 hours after PayPal froze the outlet’s account and funds over unspecified violations of its terms of service. … It remains unclear why the platform seized the funds to begin with, and it has issued only generic notices to Consortium regarding ‘activity … that’s inconsistent with our User Agreement.’ Lauria, however, argued the decision may have been motivated by the site’s reporting on the conflict in Ukraine, as it ‘is not in line with the dominant narrative that is being increasingly enforced’ by social media sites and other tech firms.” (05/05/22)

https://libertarianinstitute.org/news-roundup/paypal-releases-funds-seized-from-independent-media-orgs/