Okay, so after from research, Phil could be legitimately in trouble. Like big trouble.
Essentially, PayPal is a US based company, therefore must abide by US laws. Easy enough. One of these laws that financial institutions are forced to follow can include this thing called, the "USA Patriot Act." Shocking, I know. Now, the Patriot Act is a broad piece of legislature so there's a bunch of small laws and policies that branch off from it. DSP could very well be violating Know Your Customer/Client (KYC) laws and or Anti-Money Laundering (AML) laws, which both fall under the Patriot Act.
Now, PayPal isn't considered a bank, nor do they consider themselves a bank, but they still must
follow and abide by the regulations of financial institutions. That means that PayPal follows KYC and AML laws. What we're going to particularly look at is the Customer/Client Identification Program (CIP). This was put in place to "better protect the world's financial systems in response to the September 11 attacks" and better ensures that a financial entity avoids being used by parties for money laundering by gathering information from clients and customers. This is important because it prevents the financial institution from being tied to criminals and terrorists, which in turn better protect the U.S. as a whole. What this program requires is that all banks are to
verify a customer's identity using credentials like their name, date of birth, address, an ID, or other documents. To demonstrate this further, PayPal, oddly enough,
has their own CIP in which they verify a customer's identity using much of the same measures.
So now that leaves the question, why does this matter? The most likely scenario is Phil simply gets banned from PayPal for
violating their agreement. But the thing about CIP, it's not just a website policy, it falls under government laws. Violating KYC and AML laws could lead to
felonies. It's possible that Phil could have been encouraging people to commit felonies basically everyday of the past week. If people really did violate CIP to make burner verified PayPal accounts to donate to Phil, would Phil be punished or the people? If you research it, you mostly see the organizations themselves getting punished for KYC violations because they're the ones not doing their due diligence, but the people they do business with
are as responsible for complying with KYC as the organization. And don't get me wrong, thinking practically people probably put fake info on PayPal all the time. The difference, though, is that somebody encouraging people to set up fake verified burners to transfer money to a PayPal account that takes in thousands of dollars per week with a history of chargebacks looks shady as fuck and may even warrant a legitimate PayPal investigation (if people actually did it, ofc).
Honestly, nothing will probably happen past a ban knowing the pigroach's luck, but it's just a fun thought bubble; Phil casually encouraging people to possibly commit felonies because $100 a stream isn't cutting it anymore. He'd for sure be banned if PayPal caught wind of this though.
some sources if yall wanted to learn more idk
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