Cyberlocker To Shut Down After PayPal Ban

TorrentFreak
Feb. 27, 2012

Wow, this could kill the industry.RapidGator, one of the file-hosting sites that grew exponentially following the Megaupload shutdown last month, has been banned by PayPal. As a result, the Russian-based site says it will close the service in a month. According to PayPal, the RapidGator account was closed due to the “high risks” associated with processing payments to file-sharing services.

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