No, PayPal does not have jurisdiction over your personal or business bank account. If PayPal freezes your PayPal account, this does not impact bank accounts held at other financial institutions.However, this doesn't mean committing fraud or other prohibited activity via PayPal won't result in consequences in other areas of your business. If PayPal reports fraudulent behavior to authorities, a formal investigation may result in frozen assets and other repercussions. Nonetheless, this requires intervention from the legal system, as PayPal doesn't have authority over your assets outside of your PayPal account.