ED Magedson – Founder
btc2pp AKA Bitcoins To Paypal Does not fulfill trade agreements nor replies to email inquiries. Internet
https://btc2pp.net is a site advertised to trade you paypal funds for your bitcoins. Bitcoins is a type of crypto-currency being used today with varying values as the market change, but unless you are going to an online retailer that accepts bitcoins directly, one must convert it into a more common currency. I only tried a small amount that equated to $3 USD, and using the web site, it seemed to all go well. My bitcoin wallet reflected the transaction as bitcoins were deducted. There is no way to reverse the transaction after I got ripped off. I'm just here to warn others not to use this site. There is a "contact us" section of the website, but after three sent messages, I have yet to get a response. I waited 24 hours for the paypal funds, and more than a week from my last sent inquiry. Not even an automated response. This looks like a dummy website made to simply steal money away from consumers. I'd be highly skeptical about sites similar to these in the future, but definitely everyone stay away from this one.
This report was posted on Ripoff Report on 06/30/2013 03:00 PM and is a permanent record located here: http://www.ripoffreport.com/reports/btc2pp/internet/btc2pp-aka-bitcoins-to-paypal-does-not-fulfill-trade-agreements-nor-replies-to-email-inqu-1063312. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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