• ArcticStartup, Thursday, September 5, 2013 9:58 AM

Icelandic startup MailPile has surpassed its goal to raise $100,000 through IndieGogo, reaching $135,000 in sponsorship to fund its encrypted email project. But PayPal has frozen their account, tying up $45,000 of the $135,000. According to the MailPile blog, PayPal is demanding that the company provide a breakdown of how the funds will be used in order to release the money.

The company launched in response to NSA spying on consumer inboxes, and hopes to launch a private email service with servers based in Iceland, a country with tight privacy laws.

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