eBay Loophole Allows Sale of Bitcoin

“Customer service employees from California-based online marketplace eBay have confirmed that virtual currencies like bitcoin and litecoin can be sold on the platform, provided they are housed in physical items (like USB sticks or hard drives).  This eBay functionality was first bought to light by Roger Hughes, a web developer and photographer who originally posted the findings on his blog, Clicked Photography.  According to PayPal’s seller information page, this means eBay users that sell virtual currency together with physical goods would be guaranteed the full amount of sale, should the buyer fraudulently claim an item did not arrive as promised.”

http://www.coindesk.com/ebay-loophole-virtual-currency-transactions/

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