Crunked

I have a feeling I'm dealing with a shady person on a project so here's my question.

Someone sends me funds via paypal. I don't have a bank account or a credit card merged with the account I just have the paypal debit card. I go to the atm and take out the money and they do a chargeback against my account. What happens? Do they terminate my paypal account because I don't have the funds for the chargeback?

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