PayPal will limit protection for NFT purchases from May 20

Previously, if a problem occurred when trading NFTs through Paypal, such as purchasing an NFT that did not match the advertisement, users could request a refund. Similarly, if you sell an NFT and experience payment problems or the buyer shows signs of fraud, the seller can also request a refund.

However, according to the new policy, NFT purchases will no longer be covered by Paypal's user protection policy. Additionally, NFT sales over $10,000 will not be protected against counterfeiting, refunds, or other forms of fraud.