A chilling warning for anyone who trades crypto P2Pâthis could happen to YOU.
### My Frozen Funds Horror Story âď¸đ¸
One random Tuesday, my UPI payments stopped working. No warning. No explanation. Just a cold error message.
When I called my bank, they dropped the bomb:
"Your account is frozen due to links with fraudulent transactions."
The reason? One single P2P tradeâwhere the buyer turned out to be a scammer. Even though I was the innocent seller, my entire bank account got locked.
6 months later⌠itâs STILL frozen.
### đ How This Happens (And Why YOUâRE at Risk)
Scammers use stolen money to buy crypto via P2P. When victims report fraud, banks freeze every account that touched those fundsâincluding yours.
### đŤ 3 Deadly P2P Mistakes You MUST Avoid
1ď¸âŁ Trading with "Green" Accounts â Always check:
- 95%+ completion rate
- 50+ trades completed
- Matching bank name & Binance KYC name (NO exceptions!)
2ď¸âŁ Ignoring Red Flags â If a buyer:
- Pressures you to release crypto early
- Uses multiple UPI IDs
- Has a sketchy transaction history
CANCEL THE TRADE.
3ď¸âŁ Using Your Main Bank Account â Keep a separate account just for P2P to limit exposure.
### đĄ Pro Tip: The "Screenshot Shield"
Before releasing crypto:
- Take a screenshot of the buyerâs payment confirmation
- Make them write "This is for crypto P2P trade" in the payment note
This creates proof if disputes arise.
### â ď¸ If It Happens to YouâŚ
- Act FAST: File a police complaint within 24 hours.
- Gather Evidence: Trade chats, payment proofs, Binance logs.
- Beg Your Bank: Escalate to senior managersâpolitely but persistently.
This isnât just "bad luck"âitâs a systemic flaw in P2P. Stay paranoid, stay safe.
Have you faced P2P scams? Share your story below. đ
#CryptoScamAlert #Tradersleague #MarketRebound