Scammers are finding new ways to exploit P2P transactions, and it’s crucial to stay vigilant. Here’s how one of the latest scams works:
### 🚨 How the Scam Unfolds:
1️⃣ You complete a P2P trade without any apparent issues. Everything seems fine, and you feel relieved it went smoothly.
2️⃣ After you sell your crypto and receive the payment in your bank account, the scammer takes their next step.
3️⃣ They contact your bank and file a false claim, alleging the payment was unauthorized or illegal.
4️⃣ Exploiting a glitch in the banking system, the scammer manages to dispute the payment, causing your bank to block your account without hearing your side of the story.
5️⃣ The scammer then contacts you, demanding you pay them the same amount (e.g., $200 or more) to resolve the block and restore access to your account.
Faced with the possibility of losing access to your funds, many victims are forced to comply.
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### ⚠️ This Scam Is Spreading!
This tactic has already affected 15 people I know personally, and there are growing reports of similar cases on Binance. Protect yourself and others by staying informed.
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### ✅ How to Avoid P2P Scams:
1️⃣ Choose Reliable Buyers: Only trade with buyers who have completed at least 1,000 orders and maintain a 95%+ completion rate.
2️⃣ Check Reviews: Read the negative reviews carefully. If multiple people call them a scammer, avoid trading with them.
3️⃣ Read Terms and Conditions: Review the buyer's terms carefully before initiating a trade.
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### 💬 Share Your Story:
If you or someone you know has been scammed on P2P, share your experience in the comments. Your story could help save others from being targeted.
Stay alert, trade safely, and protect your funds! 💪