PayPal Freezes Mailpile Campaign Funds

Brennan on the Mailpile blog:

Af[t]er 4 phone calls, the last of which I spoke to a supervisor, the understanding I have come to is, unless Mailpile provides PayPal with a detailed budgetary breakdown of how we plan to use the donations from our crowd funding campaign they will not release the block on my account for 1 year until we have shipped a 1.0 version of our product.

That’s some bullshit from PayPal. PayPal is one of the worst online banking solutions, but it is also the largest and most popular. They are holding about $45,000 of the Mailpile funds, but Mailpile is confirming they will still make the product happen — which is great.

Now, to shame PayPal into admitting the truth here. (I tend to think it may be governmental pressure on PayPal since Mailpile is a secure email service.)

Update: PayPal has released the funds.

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Article Details

Published
by Ben Brooks
1 minute to read.


tl;dr

Brennan on the Mailpile blog: Af[t]er 4 phone calls, the last of which I spoke to a supervisor, the understanding I have come to is, unless Mailpile provides PayPal with a detailed budgetary breakdown of how we plan to use the donations from our crowd funding campaign they will not release the block on my […]