PayPal Freezes $750K in MineCraft Dev's Account Pages PREV 1 2 3 NEXT | |
He didn't, read more closely.
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Minecraft is really good game. Tho... it does have some issues. | |
I hate Paypal, this just makes me seethe even more. | |
if they take his money that will be another -1 to law enforcement for me | |
I was gonna say, here's hoping this encourages people to stop using PayPal and switch to one of their competitors, but let's face it, people didn't even stop buying BP gasoline, even though there's almost always another gas station right next door with the exact same price and no real difference between brands. And PayPal is an institution. Nobody supports any of its competitors. Although maybe we could start a petition to have Valve start supporting PayPal competitors because of this. We already know they love Minecraft. | |
Yeah dam Paypal for conforming to international bank standards. How dare they apply the anti money laundering and tax evasion laws of the EU, what an evil company. | |
Well, if -another- roadblock pops up, we know there's a conspiracy...because really, paypal can't be THIS stupid...can it? | |
Didn't know Paypal could be such dicks. I don't own Minecraft myself, but I know of and one day I do intend to buy it. But seeing this I think it's best to wait until the money actually gets to the right person. | |
Exactly? There are also various "mobs." Zombies: These annoying mobs make heavy breathing sounds, move slowly towards you in attempt to get close enough to kill you. (Your attacks knock mobs back, thankfully). Skeletons: These mobs attempt to get into range to shoot arrows at you. quite annoying, as they make almost no sound except when shooting an arrow. They drop arrows when killed. Zombies and Skeletons catch fire when exposed to sunlight Slimes: these come in various sizes, they hop towards you in an attempt to kill you. Mainly found underground. Larger slimes break into smaller slimes when hit with anything other than a sword. Spiders: These mobs don't attack during the day time, however when night comes they scuttle rapidly towards you then jump. Since all attacks knock the receiver back, this makes spiders especially deadly, as if you miss they jump again, meaning they can instantly attack and attack. They drop string, which is required for bows. Spider riding Skeletons: These occur when a spider meets a skeleton. The skeleton gets on the spider's back and... You run away. Creepers: Arguably the most feared mob, creepers creep, making no sound. When they are next to the player, they emit a "sssss" sound and explode. If the player is too close, instant death. In all this explanation I have forgotten to extrapolate on the world. The world is randomly generated as you need it. I have seen some beautiful scenery in minecraft, as well as some odd formations. There's nothing like building a castle in the sky. (especially with lava falls) More information can be found at http://minecraftwiki.net/wiki/Main_Page | |
100% agreement. I just started Mass Effect 2 about 2 weeks ago and when his character came onscreen (I didn't watch or read anything about it so it was a surprise) it was like seeing the parting of the Red Sea I was in such awe. His voice is so much better than Patrick Stewart or Liam Neison (the standards of celebrity gaming voices), he could just do the Street Fighter "Round 1...FIGHT!" and it would make it the greatest game of all time. | |
but he clears out his paypal every week, that explains it ;) OT: and just before this article, I wrote this review here on the escapist looking at why minecraft sold as well as it did: | |
It wasn't a comment on how much he had in his account but rather at this part:
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....what the hell. isn't there some other better online alternative to paypal with better service? | |
Woah, I was reading that paypal sucks sight posted on the SA link, and that's actually pretty scary/worrying. T_T | |
It's an indie game that has a survival mode and let's you build things on other people's multiplayer servers. There are almost no limits to how creative you can get with your buildings. The only thing that may hold you back is a semi-minited choice in colors.
Yes, both classic singleplayer and multiplayer are free. I play every day. OP: I haven't bought the game because my computer can't handle Alpha, but I know he damn well deserves every penny of that money that Paypal denied him. | |
wow thats alot. Can you still buy minecraft? | |
News flash, bankers are not your happy friendly friends, they just spend some of your money on marketing so you'll feel like they are while you hand over your paycheck, and spend more of your money on laws to protect their money. Those laws are there so the banks can't be sued for possession of dirty money, not so that criminals can be stopped - that's just the cover story. Logging the transactions for use in any potential investigation is an answer that satisfies all parties - innocent parties are not punished, and law enforcement has their evidence and can get the necessary legal orders to take action. Seizing funds without evidence even temporarily is absolutely bullcrap, and justifying it by saying "it's in the rules" is also bullcrap. Here's a test case - suppose you start an Internet business to market a safe home medical product and omg- you are successful! Sufferers are ordering products at 10x your anticipated rate and the sales are surging like a tidal wave from there! Woohoo! Time to take that order money and pay the suppliers so you can honor those orders! Best case, your business and your customers are stopped short exactly at the moment of victory for both parties, and you won't be able to resume business for weeks. Worst case, your business is promptly labeled a scam because people paid you for a product and you didn't deliver. And they report you to the BBB, file court claims, etc., and all you can do is say "it's Paypal, they have your money". Which does not fly with the guy who sent YOU the money and has the receipt with your business's email on it to prove it. So yeah - bad on Paypal. I'm going to rethink the payment system for the business I'm working on. I'm not going with a service that will arbitrarily kneecap my business in its first moment of success - that'd just be stupid. | |
I certainly have had my reservations about Paypal in the past, even though I use it. The fact that they would freeze his funds, and threaten to keep them, allows me the opportunity to think negatively about their business practices as a whole. I hope the developer gets the money that is rightfully his, and that Paypal stops acting like a lesser company. If they do take his money away from him, I think that is fair grounds to refer to Paypal as a scammer in the present tense. | |
Hmm lets see has he compiled with the eu directive on charging vat on online sales? Opps no he hasn't, bingo tax fraud. Account frozen. Next case please. If he had the sales that you would normally expect to see from a game that could only be paid by pay pal they wouldn't check. However when large funds are rapidly moving into an account ALL banks are required to, by law, to run checks to discover if money laundering and/or tax evasion is taking place. | |
I hope he goes to the paypal offices and bitch slaps whoever is fucking with his money. | |
He lives in Sweden, so there's no telling what might happen. This story just makes me mad. It would take 5 minutes to go the the minecraft.net website and see that it's a legit game that people like and tell their friends about. If there's so much money at stake here, too, you'd think it'd be a little higher on the priority list. | |
If I had an online business doing that well, I would be talking to my bank about setting up something, and not using Paypal. Paypal has always smelled fishy to me. I have an account there but never planned to use it for more than an alternative to a debit card for small transactions. Glad I haven't put any money into it.
Ouch. So the way I take it they kept deducting the fees until you finally did find out? | |
Notch (Perrson) actually withdrew everything from his account every week, but when the sales started spiking his account was limitted, so the 750k that is still on there is simply all the money he couldn't withdraw anymore. Says so in his blog update: http://notch.tumblr.com/post/1096322756/working-on-a-friday-update-crying-over-paypal | |
HELP NOTCH AGAINST PAYPAL GET HIS MILLION $$$$ UNFROZEN --- w w w .paypalfreeze.squarespace. c o m Although Paypal is a name known around the world and boasts over 125 millions accounts less known are their unscrupulous policies and deceptive tactics that would make even the Grinch and Ebenezer Scrooge look like a amateurish rookies. Billions of dollars held for nefarious reasons for long periods of time typically 180 days! Funds are held for a host of ridiculous reasons and computer screens which do not allow the user the ability to even correct the supposed issues that their funds are frozen to begin with-videos document this. Also documented in a customer phone recording is that it is IMPOSSIBLE to even CLOSE a Paypal account once opened. The site reveals Paypals until now little known ability to remove funds from checking accounts linked to Paypal accounts even after the Paypal account has been closed. Businesses have been shuttered across the USA as what is known as "rolling reserves" strangle businesses to the point of bankruptcy. Who are the real powerhouse players behind the scenes that allow this to growing pandemic? Powerful connections that extend to AG offices across the US and even to the Oval office. Former eBay CEO for one does not want this powerful new website to be viewed by anyone thinking of voting for her. Exposed is the real eBay and the way it's corporate leaders behave including the behavior that lead to the ongoing lawsuit filed by Craiglist against eBay. An amazing source of information about two of America's most well-know companies. The blog launched only a couple of weeks ago and is already being read by viewers in more than 60 countries! A video is scheduled to be released based upon the information in the middle of October. Next month a media blitz titled STOP GLOBAL FREEZING willl launch in New York City and other metro areas to distribute STOP GLOBAL FREEZING bumper stickers and other promo materials. The effort is a well-organized global information campaign put together by victims who were unable to get attention or justice going through the normaal venues that are most often perceived to be therr to support consumers. Example of one such case is Tammy Scott of California who lost over $6000.00, her business, and even her marriage due to the stress caused by Paypal's abusive tactics. She went so far as to expose the deceitful tactics Paypal uses to defraud consumers by telling the merchant credit card processor to accept chargeback claims despite the customers objections!!! Must see material for any person who uses Paypal or sells on eBay. Despite its claims that Paypal insist it is cannot be REGULATED as a bank in the US that is the exact opposite in Europe where it fought tooth and nail insisting it IS a bank for the express reasoin to beat competitor GOOGLE to that huge lucrative market. This is better info and reading than any spy novel that will shock and surprise the average citizen about the way a well-known US corporation is operating right under their nose! | |
ah, but he said "more then". 2 million would still be "more then". but, every copy of minecraft sells for 10 euro. Persson only gets about half of that due to outlandish swedish taxes and paypal fees. right now 136589 have bought the game, so that's about 682945 euros (well, it's not exactly half that gets lost, and some people may have bought the game while i'm typing this.), but if you convert that to dollar that makes 866,022.06 USD. | |
Good point... Also sorry if it looked like I was complaining I was just trying to give more details... | |
Ecxept that the industr has the same basic concept worl wide, it's called "Pay Pal's Risk department". They might also be called the fraud department. Think about it, this tiny little Indie game has grossed more per month than ALOT of videogames with intense advertising can do. This looks really suspicious in the business world. You can take a personal apprach, play the game and asy "Oh! It's really good! no wonder!" and drop it, releasing the funds, but that is NOT why it's the risk department. They don't simply go to a website say "We heard good things abou that game" and drop it. You know why? What if only 1/4 of that money is legitimate? He's been running their credit cards Multiple times? If they take a personal approach, they don't catch that. They are required to look through the transactions and make sure it matches up. Oh yeah, and you check $750,000 worth of trransactions through bank accounts, credit card establishments and all that, and YOU tell me it doesn't take a few weeks to do. Don't bash the time frame. Trust me, it's a legit time frame | |
Always great to hear indie success stories. Although overall, this is what I would call a 'Great problem to have!' ;) | |
Paypal has been fucking with me ever since I sold my first item on Ebay, it was Kyle Petty Hotwheels Racing Jacket back in 2005. Over the years, they froze my account, limited the funds, unwanted transfers, constant verification and re-verification. They even suggest that I close my account and open new ones. Even to this day, I am still fed up with them. There are hundred of other companies that do the same exact thing as Paypal. The cannot legal hold onto his money because they are not a FDIC insured bank. But it is his fault. After fund over 100K, I would have just put in a saving account or put in a U.S. Saving Bond or the stock market. | |
I've learned to two thing here. Try Minecraft and treat Paypal in the same way as a venereal disease. | |
He does withdraw the money on a regular basis but this has all built up since his account was limited. Anyway I hope he gets his monies back I would hate it if something like this happened to me. | |
Hes going to be liable for personal tax on what ever is left of after he has paid the 25% vat per sale, in Sweden I think the top rate tax is 55% or there abouts. | |
His PayPal account was disabled, but people could still buy the game. The 750K is from accumulation over about 2-3 weeks. | |
Just a quick note: Looks like there might be a happy ending after all. | |
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I will hunt you to the deepest corners of hell and make you apologize for that statement.
OT: Minecraft is the best game of this generation. GIVE THE MAN HIS MONEY BACK!