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Crypto Exchange Dispute — PayPal limited my account permanently

Started by throwaway_investor_2025 · Jan 7, 2025 · 691 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
TI
throwaway_investor_2025 OP

Has anyone dealt with something like this? I'm not sure what my options are.

PayPal limited my account permanently. I've been dealing with this for about 13 months now and the situation isn't improving.

The amount being held/disputed is approximately $31,247. I have tried contacting their legal department 9 times with no resolution.

Am I overthinking this or is this a real legal issue worth pursuing?

JC
just_curious_employee_OH

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

TL
Mod_TermsLaw Moderator

Licensed attorney — a few thoughts. Here's my take on the legal issues.

The key question is whether the applicable statute of limitations has run. Depending on your jurisdiction, you typically have state consumer protection laws years for this type of claim.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

AF
asking_for_friend_trader_WA

Have you tried reaching out to your state's attorney general? They sometimes have free resources or mediation services.

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