PayPal Customers Hold $500M Worth of Bitcoin On The Platform

"A filing with the U.S. Securities and Exchange Commission PayPay revealed it is safeguarding $943 million in cryptocurrency. The company does not actually hold the assets itself."

https://www.nobsbitcoin.com/paypal-customers-hold-499m-bitcoin/

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Those poor sucker customer with an IOU don't actually own any Bitcoin. Get your shit off paypal.