Etsy has apparently taken lots of money from its sellers, automatically withdrawing from bank accounts or credit cards they’re required to have on file. In some cases it’s taken hundreds of dollars, in others it’s tens of thousands.

At this point it’s only speculation what exactly happened, if it was a bug or malfeasance, but it’s certainly a problem. I’ve been debating using Etsy for some book design projects, but I certainly can’t risk anything like this happening to me.

For a more detailed explanation of all that’s currently known, check out the article on BoingBoing:

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