Bank chargebacks in P2P transacti0ns are being used by scammers:

  1. They purchase crypt0currency, get it, and then tell their bank that the
    transacti0n was "unauth0rised."

  2. Banks disrupt y0ur finances by freezing b0th y0ur and their acc0unts.

  3. AML pr0cedures may als0 result in the bl0cking 0f linked acc0unts.


The 🛡 Quick Safety Advice:

  • Trade 0nly with partners wh0 have been verified (check reviews and ratings).

  • T0 is0late risks, use a specific bank acc0unt f0r peer-t0-peer transacti0ns.

  • Withdraw m0ney right away f0ll0wing c0nfirmati0n.

  • Keep a rec0rd 0f everything, including screensh0ts, payment c0nfirmati0ns, and
    chat l0gs. Keep in mind that Pakistan's legal p0siti0n 0n crypt0currencies is c0nstantly changing. Res0lving a fr0zen acc0unt may take m0nths.



A C0mplete Guide t0 Reversed P2P Scams

  1. The Setup: 0n Binance P2P, scammers pretend t0 be buyers and frequently 0ffer ex0rbitant prices t0 entice sellers.

  2. The Fraud: They c0ntact their bank t0 reverse the payment after receiving
    crypt0currency, stating that there was a "unauth0rised transacti0n"
    (such as a st0len card).

  3. "Mistaken transfer" (taking advantage 0f bank regulati0ns).

  4. The Repercussi0ns: Even if y0u are inn0cent, banks freeze all linked acc0unts,
    including y0urs, as part 0f anti-fraud measures.

The absence 0f legal pr0tecti0ns f0r crypt0currency transacti0ns makes users susceptible t0 arbitrary freezes, which is 0ne 0f the reas0ns Pakistan is high-risk due t0 regulat0ry gaps.


Bank P0licies: Pakistani banks frequently supp0rt fiat claimants while disregarding evidence 0f crypt0currency transacti0ns.

AML Risks: Banks are n0w extremely cauti0us due t0 recent crackd0wns 0n crypt0currency-related fraud (such as $100 milli0n scams



Active Safety Techniques

  1. Verify C0unterparties: 0nly trade with users wh0 have c0mpleted 100 0r m0re
    trades and have received 95% 0r m0re p0sitive ratings. Steer clear 0f acc0unts that are brand-new 0r have erratic names (bank acc0unt name ≠ Binance pr0file, f0r example).

  2. Is0late Financial R: Make use 0f a different bank acc0unt just f0r peer-t0-peer
    transacti0ns. Primary salary and savings acc0unts sh0uld never be linked.

  3. Withdraw P2P funds right away t0 an unrelated acc0unt 0r c0ld wallet.

    #P2PScam #Crypt0Pakistan #BinanceSafety