1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

PayPal Freezes $750K in MineCraft Dev's Account

Discussion in 'BlackHat Lounge' started by discodave, Sep 14, 2010.

  1. discodave

    discodave Regular Member

    Joined:
    Nov 2, 2009
    Messages:
    249
    Likes Received:
    110
    "The creator of MineCraft has run into a bit of a snag with PayPal, which has frozen his account with over $763,000 in it and refuses to let him touch it.

    Because it's a struggle for me to scrape together 750 bucks, much less 750 thousand, I can't really imagine how much it would suck to have it but not be able to get at it. So I'll let MineCraft creator Markus Persson describe the situation in his own words.

    "Paypal. On the 25th, they limited my account for unspecified reasons (a suspicious withdrawal or deposit! wow, thank you for that amazingly detailed information), and asked me for a bunch of vague documents. I did my best to give them what they asked for," he wrote on his blog. "My account is still limited. I've called them three times, they keep telling me it's being reviewed. Most recently they told me it'd take up to two more weeks for it to get resolved, and that if they decide something bad's being going on, they're going to keep the money. There's over 600000 euro in there. Money I was planning on investing in the new company."

    In response to people suggesting that it's somehow his own fault for letting all that money build up in a PayPal account, Persson noted that he actually clears out his account every week. "They limited my account just as sales started spiking, so this money has accumulated since they limited the account," he said.

    One obvious question emerges from Persson's ongoing troubles with PayPal: How the hell does one guy rack up more than three quarters of a million dollars off a single indie game? My first thought was that it had to be a typo, but apparently MineCraft is just a really good game. As one commenter on Slashdot noted, "I bought the game a couple of months ago and every other game in my collection had been neglected... Single player is an amazing time waster, it's so easy to get completely sucked into a world made up of giant pixels. It's one of the best indie games I've ever tried and it's made by just one guy."

    Persson said he's sure he'll get things sorted out, but described the situation as "kind of frustrating" in the meantime. Hopefully he'll have better luck than Something Awful did during its 2005 run-in with PayPal: After raising over $30,000 in nine hours to aid Red Cross efforts following Hurricane Katrina, SA's PayPal account was frozen for suspicious activity, ultimately resulting in all donated funds, minus service fees, being returned to donators." :rolleyes:

    http://www.escapistmagazine.com/news/view/103385-PayPal-Freezes-750K-in-MineCraft-Devs-Account
     
  2. howard_hughes

    howard_hughes Elite Member

    Joined:
    Jul 23, 2009
    Messages:
    5,048
    Likes Received:
    3,684
    Occupation:
    Just Another Digital Marketer!
    Location:
    "Insta Rank"
    Home Page:
    GayPal Gets Greedy:scratchch
     
    • Thanks Thanks x 1
  3. carsonrathi

    carsonrathi Senior Member

    Joined:
    Mar 12, 2008
    Messages:
    1,106
    Likes Received:
    759
    i am feeling quite good now as paypal believes in equality ;)
     
  4. Blare

    Blare Regular Member

    Joined:
    Aug 20, 2009
    Messages:
    413
    Likes Received:
    103
    No wonder why paypal is so rich. He's an idiot for having that much sitting in his paypal anyways..
     
  5. havokb8

    havokb8 Guest

    Yep no matter what as soon as the money in your account spikes anything you do is suspicious and you will be limited regardless of how much you have.
     
  6. pilgrim

    pilgrim Junior Member

    Joined:
    Apr 10, 2010
    Messages:
    142
    Likes Received:
    87
    Location:
    Hilbert's Hotel
    Sod that, I'm getting my £22.49 out straight away!! No sense in risking it :D
     
    • Thanks Thanks x 3
  7. Blare

    Blare Regular Member

    Joined:
    Aug 20, 2009
    Messages:
    413
    Likes Received:
    103
    Yeah as soon as i get money in my paypal account, i withdraw it right away with my paypal atm card, screw that.
     
  8. ExtraWinner

    ExtraWinner BANNED BANNED

    Joined:
    Jun 18, 2010
    Messages:
    2,346
    Likes Received:
    3,463
    GayPal rulez.... I never like them - they sucks.

    Moneybookers is 100% better...

    [​IMG]
     
    • Thanks Thanks x 3
  9. chowyoungfat

    chowyoungfat Regular Member

    Joined:
    Nov 6, 2008
    Messages:
    249
    Likes Received:
    460
    Location:
    I come from a land down under..
    haha, my accounts limited right now as well. They limited it after I added a CC, I have been waiting for days for them to charge my CC $2 to get some verification code. I have outstanding subscriptions and late ebay payments cause of this. Oh well, lucky theres not .75M in there XD
     
  10. intrug

    intrug Junior Member

    Joined:
    Nov 23, 2009
    Messages:
    152
    Likes Received:
    21
    Location:
    India
    Paypal is for petty cash not for great volumes..
    Gaypal S**ks
     
  11. Blare

    Blare Regular Member

    Joined:
    Aug 20, 2009
    Messages:
    413
    Likes Received:
    103
    They charged my cc right away, and i logged into my credit card statement and confirmed it within 2mins. You might wanna try again.
     
  12. chowyoungfat

    chowyoungfat Regular Member

    Joined:
    Nov 6, 2008
    Messages:
    249
    Likes Received:
    460
    Location:
    I come from a land down under..
    yeah, not sure what the slow link in the chain was, I'v been checking my online banking transactions everyday, it just appeared today. Yay =p Took 3-4 days roughly.
     
  13. ExtraWinner

    ExtraWinner BANNED BANNED

    Joined:
    Jun 18, 2010
    Messages:
    2,346
    Likes Received:
    3,463
    Ok everybody - lets all take $1.000 off PayPal and send it to MineCraft moneybookers account :p

    75 people and we are set :D
     
  14. bizroot

    bizroot Supreme Member

    Joined:
    Feb 25, 2008
    Messages:
    1,345
    Likes Received:
    912
    Location:
    In My Computer
    LOL They are worst but got very few options and that's why people still using them. Once people start getting good options they will understand value of customers.

    Most important problem is their pathetic customer service... They will freeze your account when ever they wish, they will never explain or give detailed information and will not let you solve problem easily. Guess what this way they get chance to eat good amount of money every year.

    Their TOS lol no security for digital purchase... I bought something, seller didn't delivered... I sent all details after disputing but never received money. Next time I sold something, person got what he ordered and also used my support for some time then disputed. My account got freezed, i sent details every thing enough to prove my claims but again I didn't receive money.

    LOL dunno who gets money incase of dispute with digital items buyer or seller... I lost in both cases even when i had proof. After that i never disputed even after getting scammed because I knew paypal not gonna give me anything except wasting my time.
     
  15. SEO :|

    SEO :| Newbie

    Joined:
    Sep 13, 2010
    Messages:
    1
    Likes Received:
    0
    Gaypal :| Really sucks. I had my Paypal Account limited when cash was flowing in.
    This is the reason why they are so rich, keeping other people's money in their own pocket. :fing02:
     
  16. Blare

    Blare Regular Member

    Joined:
    Aug 20, 2009
    Messages:
    413
    Likes Received:
    103
    They are missing the "UP" in paypal.


    Pay UP Pal.
     
    • Thanks Thanks x 2
  17. 520am

    520am Regular Member

    Joined:
    Feb 28, 2010
    Messages:
    238
    Likes Received:
    188
    Location:
    kvn.
    750 People. ;)
     
    • Thanks Thanks x 2
  18. ExtraWinner

    ExtraWinner BANNED BANNED

    Joined:
    Jun 18, 2010
    Messages:
    2,346
    Likes Received:
    3,463
    Thanks, I lost one zero... I think it went for a walk :rolleyes:
     
  19. Blare

    Blare Regular Member

    Joined:
    Aug 20, 2009
    Messages:
    413
    Likes Received:
    103
    paypal took it.
     
    • Thanks Thanks x 4
  20. ExtraWinner

    ExtraWinner BANNED BANNED

    Joined:
    Jun 18, 2010
    Messages:
    2,346
    Likes Received:
    3,463
    Bastards-Kidnappers - I will send them some documents and I hope they will give me back in few weeks :hug: