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Any crypto lawyers? Paypal's crypto Buy/Sell is deceptive. Is it legal?

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by COINS NEWS 176 Views

I "bought" Ethereum on Paypal in order to use it, then I discovered that when you "buy" crypto on Paypal, you can't actually use it. All you can do is hold it in your PayPal account and then "sell" it back to them. They charge fees both to "buy" and to "sell". I am using quotes because it's not really buying if you can't do anything with it but sell it back to PayPal - it's more akin to renting.

Is it legal for them to call what they offer "buy" and "sell"? Seems like a basis for a class action suit, but maybe I'm just mad?

submitted by /u/ajh158
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