PayPal has walked back a policy it published that would have fined users of its financial services $2,500 for spreading “misinformation”.
After much backlash against the platform for attempts to police speech and after the company trended on Twitter from all of the people deleting their accounts, PayPal claims that the policy was published in “error”.
“An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. Our teams are working to correct our policy pages. We’re sorry for the confusion this has caused”, a spokesperson wrote.
PayPal’s backtrack followed statements from PayPal’s founding COO David Sacks, telling people to get their money out of PayPal “right now”.
Former PayPal president David Marcus also spoke out against PayPal...
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