𝚁𝚎𝚟𝚎𝚛𝚜𝚎𝚍 𝙿2𝙿 𝚂𝚌𝚊𝚖𝚜 𝚒𝚗 𝙿𝚊𝚔𝚒𝚜𝚝𝚊𝚗 – 𝚂𝚎𝚌𝚞𝚛𝚎 𝚈𝚘𝚞𝚛 𝙰𝚜𝚜𝚎𝚝𝚜!🥶
Fraudsters are abusing bank chargebacks in P2P crypto trades:
They buy crypto, get it in their wallet, then falsely claim to the bank the payment was unauthorized.
Banks freeze both your account and theirs, throwing your finances into chaos.🥶
Linked accounts may also be locked under AML compliance rules.
🛡️ Essential Safety Steps:
Only deal with verified traders (check ratings & trade history)
Use a separate bank account for P2P to limit exposure.
Withdraw funds right after trade confirmation.
Keep proof: screenshots, payment receipts, chat logs.
⚠️ Note: Crypto’s legal stance in Pakistan is shifting. Frozen accounts can take months to unfreeze.
How Reversed P2P Scams Happens.
The Setup: Scammers act as buyers on Binance P2P, offering higher rates to lure sellers.
The Play: After receiving crypto, they request a payment reversal from the bank, citing:
“Unauthorized payment” (e.g., stolen card).
“Accidental transfer” (leveraging bank policy).
The Outcome: Banks lock all connected accounts for investigation — yours included, even if innocents.
Why Pakistan Is a Hotspot
Weak Regulation: No strong legal protection for crypto traders.
Bank Bias: Banks often side with fiat claimants, ignoring blockchain proof.
AML Crackdown: Recent $100M+ fraud cases have banks on high alert.
Stay Ahead – Protection Strategies
Verify Traders:
Stick to users with 100+ completed trades & 95%+ positive ratings.
Avoid fresh profiles or mismatched account names.
Ring-Fence Your Money:
Keep a dedicated P2P bank account — don’t mix with savings/salary.
Transfer P2P earnings to a cold wallet or unrelated account immediately.
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