• mumblerfish@lemmy.world
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    4 days ago

    There is debate with Theil and Graber in which Theil basically says that today paypal would be impossible to start, because all they did was actually money laundering. So yeah, it’s crime all the way down for these people.

    • FishFace@piefed.social
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      4 days ago

      Are you talking about this quote (emphasis added):

      PayPal couldn’t have started in a post-Patriot Act world. We would have been accused of money laundering.

      because, if so, I think you have misrepresented it quite badly.

      • architect@thelemmy.club
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        4 days ago

        Keep in mind this company literally put hits out on people and try to fucking stalk and kill them. It would be shocking if they were not laundering money.

          • takeda@lemmy.dbzer0.com
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            4 days ago

            Is it?

            If the accusation was false would DOJ even being charges? I’m taking about when it was run by competent people, not right now.

            Also, since when those people cared about legality? They are infamous for doing highly illegal shit then using loopholes in law and believes to politicians to get away from trouble.

            • FishFace@piefed.social
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              4 days ago

              I meant “they were laundering money” is a far cry from “they were just laundering money”.