Suing over borders. Did I mention small company? What would it cost me, in 2007, to sue a US company from my country in europe? With what chance of winning?
I am not sure about the year 2007, but in 2026, they need to be under your monetary authority somehow. That's why most crypto exchanges do not offer service in Europe. Your monetary authority might have a form or an email for complaint and depending on how pro-active they are, they can make the other counter-party very proactive.
You sue the European subsidiary which will be a regulated bank, unlike US PayPal.
and how much would that cost vs the chance of it working?
It would be small claims court and they are being sued so much, that they don't even bother to show up in trials (courts are expensive goes both ways), so it is default win usually.
Especially after they already stole all your money.
They're actually a European company, or else they can't operate there. The European company is probably a subsidiary of an American one.
Still not in my own country; I see they were in the UK back then; suing over borders inside the EU is still expensive and pretty much advised against unless it's a lot of money. It was for us, but not compared to this effort; anyway ; it was advised against back then. Maybe now it's easier.