PayPal robbed my bank account
The whole idea behind Paypal was:<p>-- we'll do everything a bank does, but without all those "laws" and "accountability for mistakes" that the other banks labor under<p>Go on, look it up.<p>And they achieved that goal.  Paypal largely escaped regulation as a banking entity.  Banks are trustworthy with your money (to the extent that they are) not because they're magically trustworthy, but because there is a  regulatory state forcing them to be.  Paypal has no regulatory apparatus overseeing it.  Paypal will steal your money and your only recourse is to sue them.<p>PayPal has made the calculation that the vast majority of their customers will not sue them.  Therefore, it is profitable for Paypal to steal from these customers.  This is now common knowledge.  If you use Paypal today, you have no excuse for not knowing that they will steal your money.