Urgent Alert for Pakistani Crypto Users – Beware of "Chain Dispute" Scams
Dear Binance Community,
Recent reports indicate a rise in "Chain Dispute" scams targeting Pakistani crypto users, leading to unwanted bank account freezes. Here’s what you need to know:
🔍 How the Scam Works
- A scammer sends you funds (from stolen/fraudulent sources).
- They later dispute the transaction, claiming it was "accidental."
- Banks freeze your account and others in the transaction chain.
⚠ Why It Happens
- SBP’s anti-crypto stance (since 2018) makes banks flag crypto-related transactions as high-risk.
- Even legit P2P trades can trigger freezes if linked to disputed funds.
🛡 Protect Yourself
✅ Use a separate bank account for crypto (not your main account).
✅ Keep proof (screenshots, chat logs, transaction receipts).
✅ Trade only with trusted, verified partners (avoid unknown traders).
✅ Withdraw instantly after trade completion to minimize exposure.
📢 Stay Safe!
Binance encourages responsible trading. If you face issues, report to [Binance Support](https://www.binance.com) immediately.
#CryptoSafety #P2PAlert #BinancePakistan
Stay vigilant and trade smart!