Security News

PayPal Freezes $275,000 Campaign Funds of Secure

PayPal Freezes $275,000 Campaign Funds of Secure: ProtonMail, an End-to-End Encrypted email service developed by MIT, Harvard and CERN researchers, who already received over $275,000 from a crowdfunding campaigns to their PayPal account, and was so much excited to launch its beta version, but just before that PayPal freezes their account without any warning.

“At this time, it is not possible for ProtonMail to receive or send funds through PayPal,” ProtonMail co-founder Andy Yen announced this morning. “No attempt was made by PayPal to contact us before freezing our account, and no notice was given.

ProtonMail is a new super-secure email service that encrypts the data on the browser before it communicates with the server, this means only encrypted data is stored in the email service servers.

GO HOME PAYPAL, YOU ARE DRUNK

ProtonMail service is based in Switzerland, so it won’t have to comply with American courts’ demands to provide users data. But a representative from the American payment service, PayPal told the company that the payment service is not at all sure if ProtonMail is legal or not and asked them for the necessary government approvals to encrypt emails.

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