Adult game developer’s PayPal funds held for over a month despite being legitimately sold on Steam - gamepressure.com
www.gamepressure.com
Steam adult game censorship is hitting payments. This probably won’t be the last time we hear about a case like this.
  • SpaceNoodle@lemmy.worldEnglish
    501·
    3 hours ago

    PayPal can and will steal your money because fuck you, that’s why, and you’re left with basically zero recourse.

      • Zorque@lemmy.worldEnglish
        4·
        59 minutes ago

        Are there more legal protections for crypto payment processors than traditional payment processors? My understanding is that there’s less regulation in the crypto space these days.

        • BlackLaZoR@fedia.io
          2·
          43 minutes ago

          Cryptocurrencies themselves are automated, self sustaining systems - no regulation applies at that level at all. In reality crypto “payment processors” provide services of instant exchange to regular currencies, and aren’t even mandatory (but they’re very convenient).

          So regulation applies, but only to optional middleman that perform conversion and send regular currency to the merchant

          • Zorque@lemmy.worldEnglish
            2·
            29 minutes ago

            So when dealing with volume purchases via a secondary store front (as established in the article) doesn’t need any kind of intercession from Steam or another processor to deal with any and all purchases? It’s all completely autonomous with no intervention needed by anyone at all?

            • BlackLaZoR@fedia.io
              1·
              14 minutes ago

              As long as merchant doesn’t need to convert from crypto to regular currency, no third party is involved in the transaction, it’s a direct P2P system - in other words - perfect digital cash

              • Zorque@lemmy.worldEnglish
                1·
                10 minutes ago

                So you just need to say “I give this person .001 bitcoin” and they magically get it? That’s wild to me.

  • Quetzalcutlass@lemmy.worldEnglish
    282·
    3 hours ago

    As much as I believe PayPal would do this (they have closed accounts without warning and stolen all pending funds many times in the past, which is why it’s commonly recommended to avoid them if you’re making decent money), the only source for this article is a Reddit thread that doesn’t name the game or company.

    There’s a decent chance this is just someone’s creative writing exercise using the current scandal to get attention.

  • who@feddit.orgEnglish
    7·
    3 hours ago

    Correcting the bad headline: The funds were not sold on Steam. They were earned from game sales on Steam.