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Prosper Suspends Accounts of Class Action Plaintiffs

September 3, 2009

There are reports today that Prosper Marketplace ( has suspended the user accounts of the plaintiffs named in the proposed class action suit filed against Prosper.

It is not surprising that Prosper (the “North Korea of peer-to-peer lending”) yet again attempts to punish (if that’s what you would call being protected from making new loans) or stifle critical voices.  It is also not surprising that it took ever-efficient Prosper close to 10 months to get around to it.

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