P2P Traders – Beware!
I lost ₹40,000 in a P2P scam. Here’s how they fooled me:
1. I sold 134 USDT to a buyer claiming to pay via UBL Bank.
2. Payment alert came, I released the USDT.
3. Hours later, I found the payment was on hold – the sender had filed a complaint saying it was an accidental transfer.
Turns out, scammers use third-party bank accounts, send money, then raise disputes to freeze it.
Here’s how to stay safe:
Never release crypto until you’ve fully verified the payment (not just an SMS or email).
Avoid dealing with unverified or new buyers.
If anything feels off – trust your gut, cancel the trade.
Protect yourself. Share this.