Chris Moneymaker took to social media in May to express his frustration over PayPal deciding to seize $12,000 of his funds which was money related to football fantasy fees.
Moneymaker felt that the Californian payment provider had cheated him by seizing his funds and he called them out on social media.
PayPal has run roughshod with its payment policies and has seized funds and held up funds for millions of customers in the United States and around the world.
The majority of these customers feel wronged and upset but are unable to do much against a company as big as PayPal.
Chris Moneymaker is not your regular customer as the 2003 WSOP Main Event winner is very influential in the global poker market and has a strong fan following. Moneymaker asked PayPal to refund his funds but did not get any reply. Upset with the treatment he was receiving, he contacted attorney Eric Bensamochan and started preparing to file a class action lawsuit against PayPal.
Moneymaker then took to social media to ask anyone who felt they had been wronged by PayPal and had their funds seized to add their name to his class-action lawsuit. His post got a strong response on social media as many people expressed their interest and thanked Moneymaker for taking the initiative.
Class Action Lawsuit Threat Still On The Table
Chris Moneymaker has now taken to social media to confirm that PayPal suddenly had a change of heart and decided to refund him his $12,000 in seized funds in early June. They did not give him an explanation as to why they changed their mind but Moneymaker says its obvious that the payment provider is now keen to avoid a class action lawsuit.
2/3 I guess @paypal chickened out and gave me my money back when they heard about the lawsuit and backlash. Unfortunately, for @paypal I have been contact by over 50 people that you have done this too. The lawsuit I am filing will continue!! pic.twitter.com/wUYOzsVyRy
— Chris Moneymaker ⭕ (@CMONEYMAKER) June 16, 2021
A class action lawsuit could open up PayPal to a multi-million dollar lawsuit and cost the company a lot more than the $12,000 it refused to pay Chris Moneymaker. PayPal not only opened itself to paying a multi-million dollar lawsuit but would also have to incur legal fees in fighting the class action lawsuit.
Moneymaker has confirmed that he will not drop out of the class action lawsuit since PayPal has refunded his $12,000 but also stated on social media that he would not be dropping the class action lawsuit as many individuals have come forward to seek justice from PayPal. Moneymaker took to Twitter to inform PayPal that ‘Hell is coming for you’.
3/3 I will not be a plaintiff in the lawsuit anymore but an advisor and facilitator to get people that do not have a big platform their money back. I gave you a shot but Hell is still coming @paypal
— Chris Moneymaker ⭕ (@CMONEYMAKER) June 16, 2021