• Will PayPal fine you $2500 for trading artistic nudes?


    Brian Livingston

    By Brian Livingston

    PayPal, the giant online payment-processing service based in San Jose, California, put itself in hot water last month by releasing, and then disavowing, a document that threatened to deduct $2500 or more from PayPal users’ financial accounts if any of their transactions “appear to depict nudity” or “promote misinformation.”

    Setting aside that vague and confusing language for a moment, PayPal’s checkered history with regulators is worth recalling. For instance, the company was recently subjected to a number of actions.

    Read the full story in our Plus Newsletter (19.47.0, 2022-11-21).