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Agreements can be cancelled at any time, contracts can’t If the agreement is a contract (What is a contract and what is required for them to be valid?), then it’s binding and failing to fulfil the obligations in it is a breach that can lead to a lawsuit. The innocent party is entitled to be put in the position they would have been in but for the breach. So ...


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does the platform actually has the right to indefinitely hold the monies No. But they do not claim to have such a right though: the ordinary meaning of "suspend" is not "indefinitely hold". A reasonable person would expect the suspension to be temporary — pending any investigation / police inquiry as to whether the funds were actually fraudulent. Such an ...


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Given that this transaction will not be otherwise found fraudulent/reversed, does the platform actually has the right to indefinitely hold the monies they have no ownership over? Indefinitely: yes; forever: no. Once the fraud investigation is completed the money would be released (if clean) or sent to the true owner (if fraudulent). If the contract is ...


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