🚨 Important Alert for Crypto Users in Pakistan
⚠️ Stay Cautious ⚠️
Your bank account could be at risk due to crypto trading. Here's why:
💣 The "Chain Dispute" Scam
Scammers are exploiting a tactic where they send stolen or disputed funds to a crypto trader. Later, they report the transaction to the bank as fraudulent. The result? The bank doesn't just freeze the scammer’s account — it can also lock the trader’s account and even others connected to that transaction.
This ripple effect is known as a “chain dispute,” and it can lead to multiple account freezes all at once.
#ChainDisputeScam
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🏛️ Regulatory Uncertainty
Since 2018, Pakistan’s central bank has issued warnings against crypto. Because there’s still no clear legal framework, crypto isn’t officially recognized.
As a result, banks are highly cautious and often flag or freeze accounts tied to crypto-related activity.
#CryptoRegulations
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🗣️ What the Community Is Saying
Reports on Reddit and other forums show this is happening frequently:
“I sold crypto and my bank froze my account after calling the transaction suspicious.”
“Just a small P2P trade, and they locked my account due to a 'dispute'.”
#P2PTrading
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⚠️ Key Risks to Understand
Scam Exposure: If you unknowingly receive money from a scammer, your account could be frozen.
Lack of Regulation: The absence of clear crypto laws in Pakistan means banks are taking extra precautions — sometimes too aggressively.
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🛡️ How to Protect Yourself
Use a separate account: Avoid using your main bank account for crypto trades. Use a different account or services like SadaPay for P2P activity. Move funds to your main account only after everything is settled.
Document everything: Keep screenshots, receipts, and transaction proofs.
Trade smart: Always deal with trusted individuals and use reputable platforms.