PayPal Stock Plummets After Daily Wire Report Exposes Shocking ‘Misinformation’ Policy
View Source | October 11, 2022 5:22 am
- Share prices for PayPal dropped more than 5 percent on Monday morning after a report from The Daily Wire highlighted the firm’s attempt to fine users $2,500 for spreading “misinformation” through the platform.
- PayPal’s value fell nearly $6 billion as backlash mounted.
- Customers balked as PayPal said users who violated the new policy could be liable for “damages,” including the removal of $2,500 “debited directly from your PayPal account” per offense.
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