Hey everyone,
Today I want to share how my bank account got frozen and how you can avoid a similar situation to safeguard your funds.
Back in February, I was casually eating and tried to make a payment via UPI, but it failed. After multiple attempts, I realized something was wrong. I contacted my bank, and they informed me that my account had been frozen due to an order regarding illegal funds. It turns out that someone who had sent me money through P2P committed fraud, and every account involved in his transactions got blocked.
Here’s how you can protect yourself:
1. **Always verify the profile**: Avoid transacting with anyone having less than 50% trades and below 95% completion rate.
2. **Ensure matching account details**: Only transfer funds if the bank account name matches the name on their Binance account.
(PS: My bank account is still frozen 😢)
