Low points in paypal history

By sleepyjey | Crypto Queries | 12 Mar 2023

Paypal has been one of the oldest online payment systems that has survived over so many decades.


However, it's course in history has been marred by a few incidents and some frownable policies. Here are a few such things that are interesting to know. You'll notice that 2010 seemed to have been it's glitchy year!!

  1. Security Breaches: PayPal has experienced several security breaches over the years, including a major data breach in 2010 that exposed the personal information of millions of users.

  2. Class Action Lawsuits: PayPal has been the subject of several class action lawsuits over the years, including a lawsuit in 2010 that alleged the company had engaged in unfair business practices by holding on to user funds for extended periods of time.

  3. Freezing WikiLeaks Account: In 2010, PayPal froze the account of WikiLeaks, a website that published classified government documents. This decision was controversial and drew criticism from free speech advocates.

  4. Outages and Service Disruptions: PayPal has experienced a number of outages and service disruptions over the years, which have resulted in frustration and inconvenience for users.

  5. Controversial Transactions: PayPal has been involved in some controversial transactions, including a 2002 incident in which the company processed payments for an online auction of a human kidney.

While these events may have been low points in PayPal's history, the company has also taken steps to address these issues and improve its service over time. Have you ever been a part of any leaks or hacks on paypal? Have you lost any money via PayPal?!



How do you rate this article?



Randomly stumbling along life and the internet.

Crypto Queries
Crypto Queries

A little blog to ask all my crypto Queries as a beginner and for some discussion too.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.