The policy update had appeared to authorize the company to pull a significant sum of money from the accounts of users who spread “misinformation,” among other newly listed offenses.Breaking the rule against misinformation and hate speech “may subject you to damages, including liquidated damages of $2,500.00 U.S. dollars per violation, which may be debited directly from your PayPal account,” the company had originally warned.PayPal was founded by Peter Thiel, who has invested in a number of GOP rising stars and “conservative” business ventures.Ebay acquired the company in 2002 and has managed it since.In recent years, PayPal has been known to censor or deplatform organizations or individuals for certain political commentary, particularly that which is considered right-wing."