“PayPal has cut off VPN provider iPredator, an anonymity service launched by Pirate Bay co-founder Peter Sunde. The popular VPN provider is no longer allowed to accept payments and PayPal has frozen all funds for up to 180 days. PayPal didn’t provide any details as to why iPredator was banned, but the action comes after their credit card processor stopped doing business with all VPN services.”
http://torrentfreak.com/paypal-cuts-off-pirate-bay-vpn-ipredator-freezes-assets-130724/
