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Rant: My friend's payment processor account got shut down after he posted about a specific crypto transaction on a public forum.
He made a comment last Tuesday on a big social site about a successful, perfectly legal transfer using a privacy coin, and by Friday his entire merchant account was suspended for 'violating terms'. The before-and-after is stark: from a working business tool to a frozen asset in under 72 hours, all for talking openly. Has anyone else had a financial service provider pull the plug just for discussing a transaction in public?
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beth2762mo ago
Isn't this more about the specific coin he mentioned? A lot of those terms of service have rules against privacy coins. Grant478, it's not really paranoia if the rules are written down and he broke them.
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grant4782mo ago
Used to think that was paranoid, but wow.
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reese_rodriguez862mo ago
The real issue is how they find out. Most people don't read every line of the terms, but the exchange can see every transaction on its own system. They aren't digging through your private wallet. They're watching what you do on their property. Once a flagged coin touches their books, their automated system takes over. It's less about spying and more about enforcing rules on their own platform with the data they already have.
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