PayPal has sent alerts to some users who have used the service in connection with March Madness wagers, saying that their account use has been “limited.”
“After a recent review of your account activity, it has been determined that you are in violation of PayPal’s Acceptable Use Policy regarding your sales / offers of March Madness sports pool,” a representative of PayPal’s brand risk management division wrote in an e-mail obtained by Bloomberg News.
PayPal Restricts Accounts Used for March Madness Bets - Bloomberg
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Seeded on Wed Mar 14, 2012 2:03 PM

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