Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Stripe HK: Approved, paid small sum, withheld $12k via dissolved entity
1 point by poontszho 8 hours ago | hide | past | favorite | discuss
I am a merchant in Hong Kong documenting a systemic failure in Stripe's compliance logic.

The Inconsistency: 1. Two years ago, my stripe account Funds are frozen. Recently, I re-appealed. 2. On Jan 12, 2026, Support (Bruce) wrote: "We have completed a review... we can enable payouts for your account." 3. Stripe then released funds for my smaller sub-account, confirming my identity/KYC is valid. 4. However, for my main account (HKD 93,397 / ~$12k USD), the payout remains blocked. 5. Support is now ignoring the Jan 12 approval and re-sending the rejection template from 2 years ago.

The Legal Anomaly: I searched the HK Companies Registry and found: - "Stripe Payments HK Limited" (CR 63355701) was DISSOLVED in Dec 2022. - Yet, payouts are still being processed via a local HongKong bank account (Code: HK2BT...).

Who is legally holding my $12k? A dissolved ghost entity?

Case ID: sco_TmEhDs7XRiRsv4 @patrickc @collision - Is this how Stripe handles compliant merchants?





Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: