A recent account shared highlights a critical scam impacting P2P crypto traders. A user was selling USDT, and the buyer sent a highly convincing, but fake, bank transfer slip. The crypto was released based on this "proof," but the funds never arrived in the seller's bank account, and the buyer vanished.
This is a stark reminder of the risks involved in P2P trading. Scammers exploit trust and the desire for quick transactions.
Protect Yourself: The 3 Golden Rules
NEVER Release Crypto Until Funds Are Verified in Your Bank Account: A screenshot or "bank slip" is NOT sufficient proof. Always log into your official banking app or website to confirm the funds have cleared and are accessible before releasing any crypto.
Confirm All Transfer Details: Double-check the sender's name and the exact amount against your P2P platform's information. Any discrepancy is a red flag.
Screenshots are not a Proof: Scammers excel at creating realistic fake images. Your own bank's platform is the only reliable source for payment confirmat.