illegalinpakistan

Is NFT Treasure a Scam?
People are filing cybercrime complaints against NFT Treasure, claiming money loss. Is it a real scam or a misunderstanding? Should they report it or not? Share your opinion? #NFT​ #MoneyDaily #illegalinpakistan #moneyloss

Cryptocurrency remains illegal in Pakistan, and excessive IBFT (Interbank Funds Transfer) activity often results in the freezing of merchant accounts. This primarily happens because merchants declare a different source of funds at the time of account opening, whereas in reality, they are engaged in USDT trading. As a result, their transaction patterns significantly differ from their declared source of funds, raising red flags. When authorities investigate these discrepancies, they not only freeze the merchant's account but also identify and track counterparties involved in these transactions. This mismatch between declared and actual financial activity is the key reason behind account freezes.

#bitcoin #P2PScamAwareness #illegalinpakistan #scam