#CryptoSecurity101

P2P SCAM ALERT: My Bank Account Got Frozen 🔺🔺

Hey Binance community,

I want to share a cautionary experience that could help you avoid a serious mistake and keep your funds safe.

Back in February, I was casually trying to make a UPI payment when it failed. I tried again, but still no luck. Thinking it was a temporary issue, I contacted my bank—only to receive a shocking update: my bank account had been frozen due to suspected involvement with illegal funds.

After further investigation, I learned that someone who had paid me through a P2P transaction on Binance was involved in fraudulent activity. As a result, every account they transacted with—including mine—was blocked.

🔑 Key Takeaways to Stay Safe:

Never trade with users who have less than 50% trade history or below a 95% completion rate.

Always ensure you're sending/receiving payments to/from a bank account with the exact same name as the Binance account holder.

Unfortunately, my bank account is still frozen to this day. Don't let this happen to you.