#CryptoSecurity101
CryptoSecurity101
🔺🔺 P2P SCAM ALERT: My Bank Account Was Frozen 🔺🔺
Hello Binance Community,
I want to share a personal experience that serves as a crucial warning for anyone involved in P2P (peer-to-peer) crypto transactions. This incident could help you avoid falling into a similar trap.
Back in February, I attempted to make a simple UPI payment, but it failed. After a couple more tries, I reached out to my bank, assuming it was just a technical glitch. To my surprise, I was informed that my bank account had been frozen due to suspected links to illegal transactions.
After digging deeper, I discovered that a buyer who had previously sent me funds through a Binance P2P trade was involved in fraudulent activity. Because of that, the bank flagged and froze every account connected to that user—including mine.
🔐 How You Can Protect Yourself:
Avoid trading with users who have less than a 50% trade completion rate or a history below 95%. Stick to trusted, high-rated traders.
Only send or receive funds from bank accounts that exactly match the Binance account holder's name.
Unfortunately, my bank account remains frozen as a result of this incident. I hope my story helps others steer clear of similar consequences.
Stay vigilant. Trade smart. Protect your assets.
#P2PScam #CryptoSafety #BinanceTips #StaySafe
