Yahoo! Finance (Adam Sabes) reported yesterday (as did many other sites):
A new PayPal user agreement that threatens to fine users up to $2,500 if they use the service to "promote misinformation," was sent out "in error," a PayPal spokesperson tells FOX Business.
The updated PayPal Acceptable Use Policy effective Nov. 3 included an expansion of "prohibited activities," which includes the "ending, posting, or publication of messages, content, or materials that meet certain criteria."
According to the updated PayPal user agreement, the company states that each violation could result in "liquidated damages of $2,500.00" per violation, which would be withdrawn directly from their account.
One of the violations listed, according to the agreement, is that … "[users] may not use the PayPal service for activities that … involve the sending, posting, or publication of any messages, content, or materials that, in PayPal's sole discretion … promote misinformation."
But it appears that the policy continues to be in effect for other speech, according to PayPal's official Acceptable Use Policy, last updated Sept. 20, 2021:
