⚠️ **Alert: Beware of P2P Chargeback Scams!**
Recently, P2P chargeback scams have been on the rise in Africa, especially in Kenya. Here's how these scams typically work and how you can protect yourself:
🔍 **Scam Method:**
- **Scammers purchase crypto through P2P platforms.**
- **An unrelated third party (possibly unaware or an accomplice) transfers the payment via bank.**
- **The seller releases the crypto without verifying the P2P buyer’s name against the bank payee’s name.**
- **The third party then initiates a chargeback, resulting in losses for the seller.**
🚫 **How to Protect Yourself:**
- **Refuse third-party bank payments.**
- **As a P2P seller, always verify that the buyer's name matches the bank payee's name.**
- **As a P2P buyer, always use your own bank card for payments.**
🛡️ **By following these guidelines, you can help make P2P transactions safer and smoother. Stay vigilant and protect your assets!**
