PayPal's former finance chief says Bank of America closed his account with 'absolutely no explanation'
Added 11-19-19 08:14:02am EST - “Famed tech investor Roelof Botha's tweet sparked conspiracies that he may have been banned for trading bitcoin or other cryptocurrencies.” - Businessinsider.com
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PayPal's former finance chief revealed Bank of America closed his account without explanation, sparking conspiracies that he may have been banned for trading bitcoin or other cryptocurrencies.
Roelof Botha, a partner at Sequoia Capital and one of Silicon Valley's most famous investors, shared the news in a tweet on Monday.
"After being a customer of @BankofAmerica for 20 years, I received this notice today that they decided to fire me as their customer! With absolutely no explanation...."
Botha — who sits on the boards of Square, Bird, Evernote, and other tech companies — attached the notice from Bank of America, which stated his account would be permanently closed in 30 days.
"After a careful review of your banking relationship, we've made the decision to close your account above," it reads. "This decision is final and won't be reconsidered."
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