🚨 P2P Scam Alert 🚨
Real Case from Pakistan 😱
Recently, a trader sold 700 USDT (~PKR 205,000) via Binance P2P. The payment looked successful—it even showed up in the trader’s bank account. But within 10 days, the bank froze the account and locked the funds.
When contacted, the buyer went silent, only replying with “chain dispute” on WhatsApp. Despite strong evidence—CNIC copy, transaction screenshots, chat logs, and a formal complaint to the bank—the trader is now stuck in limbo.
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⚠️ Common P2P Scam Tactics in Pakistan
Fake Payment Proofs – Edited screenshots or SMS-style alerts that look real, tricking sellers into releasing crypto without confirming deposits.
Third-Party Payments – Funds show up but come from someone else’s account, leaving sellers exposed to reversals.
Reversal Scams – After crypto is released, scammers report fraudulent transfers, forcing banks to freeze accounts.
Pressure Tactics – Scammers create urgency, pushing sellers to release before properly verifying.
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✅ How to Protect Yourself
1. Always confirm deposits inside your bank account, not just via screenshots or SMS.
2. Never accept third-party payments—funds must match the buyer’s verified account.
3. Stick to Binance escrow & official chat—avoid WhatsApp/Telegram.
4. Trade only with high-rated, verified users with strong track records.
5. Keep every piece of evidence: chat logs, screenshots, TX IDs, bank messages.
6. Don’t let anyone rush you—scammers prey on urgency.
7. Follow Binance scam alerts & security updates regularly.
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🔒 Final Reminder
In 2024, over 11,000 bank accounts in Pakistan were frozen due to P2P fraud. Innocent traders got caught in the crossfire.
In 2025, it’s more important than ever:
👉 Trust less. Verify more. Stay cautious on Binance P2P.
