[I want the USA back]

Paypal has no authority to fine. It is a payment processor, not the court.

This action of theirs, I believe, is to close down businesses and organizations that they don’t approve of, such as MAGA hat stores, The Daily Wire, Free Republic.

[ChessExpert]

“This action of theirs, I believe, is to close down businesses and organizations that they don’t approve of, such as MAGA hat stores, The Daily Wire, Free Republic.”

That seems plausible to me.

[Labyrinthos]

“Paypal has no authority to fine. It is a payment processor, not the court.”

Technically, its not a fine; rather, its liquidated damages for breach of contract.