Stripe fined an indie hacker 425000 USD
Stripe apparently fined an indie hacker 425000 USD for violating their terms.
Read the tweet:
What do you think about this?
I am surprised and a bit scared about this because the fine seems too steep for an individual.
Here's an update: https://twitter.com/TheBuilderJR/status/1625053546055086085
This has definitely made me cross any similar type of business ideas off my list. We don't have the whole story here but it is still shocking!
Yeah. It's shocking. Without any legal resources at disposal, an indie hacker has to fight this battle alone.
Like you said, staying away from building a product that can be used by scammers is the way to go.
Yeah, shocking
Wow, that must be stressful. Good luck to the founders and hope this get's resolved! Can't be easy..
The amount is really huge and never heard of such thing happened in the past.