I don't get it. I read the TOS and it says LL will not take any responsibility for credit card fraud and is withdrawing the use of their Risk API so where does it say no one can exchange $L?
I understand the panic because Linden Lab are famously being silent on meaningful clarification and reassurance to the exchange business' and since they are holding people's money they fear LL will ban their avatars and deny them access which will cost them dearly.
Nice one Linden Lab. You done it again!