⚠️ P2P Fraud Alert: Real Case, Real Risks
A Binance user in Pakistan sold 700 USDT (~PKR 205,000) via P2P. Days later, his bank account was frozen — and the funds placed on hold.
📞 The trader vanished. No calls answered. When contacted online, he replied vaguely:
> “This is a chain dispute.”
🔍 The user visited his bank (OPM) and learned the transaction was flagged as disputed. He filed a formal complaint and reported the issue to Binance — but the bank withheld full details.
🚨 The twist? The payment came from a third-party account — a major red flag in P2P trading.
Evidence Collected:
- Trader’s CNIC copy
- Payment screenshots
- Contact number
- Chat history
- Bank complaint application
💬 The user is now exploring legal action and urges the community to stay alert. He’s also asking for advice on the best next steps — to protect others from falling into similar traps.
🔐 Key Takeaways for Pakistani Users:
- Never accept third-party payments
- Verify trader identity before confirming release
- Keep full records of every transaction
- Report suspicious activity immediately
Binance P2P is powerful — but only when used with caution.
Stay smart. Stay safe. Protect your crypto.
protect yourself. stay vigilant
