MuhammadZahidShar

🚨 P2P Scam Alert in Pakistan – My Story & Warning for Traders 🚨

I sold 700 USDT (approx PKR 2,05,000) on Binance P2P. Everything looked fine – buyer sent the payment, trade completed, I thought all good ✅.

But after 10 days, shock! ⚡ My bank account got blocked and funds frozen. When I tried to call the buyer, he ignored me. Later on WhatsApp he just said: “Chain dispute hai.”

At the bank, the manager told me a dispute of PKR 2,05,000 was filed. I submitted an application but bank staff didn’t share full details. Totally blind situation!

📂 What Evidence I Have

Buyer’s CNIC copy

Payment screenshots

Buyer’s phone number & WhatsApp chats

My written application to the bank

Also raised a ticket with Binance support, but the process is slow. Still waiting for resolution.

⚠️ Main Problems in Pakistan P2P

Third-party payments – Scammers use someone else’s bank account → big legal mess for sellers.

Bank secrecy – Even with full proof, banks don’t tell complete info.

🛡 Lessons I Learned

❌ Never accept third-party payments. Payment must come from buyer’s verified bank account only.

🏦 Use a separate bank account only for P2P trading.

💸 Withdraw funds immediately after trade.

📑 Save all proof: CNIC, chats, screenshots.

⚖ If account is frozen → go to FIA Cyber Crime Wing with your evidence.

✅ Final Thoughts

P2P trading is still good, but scams in Pakistan are increasing fast. My case shows how fraudsters misuse disputes even after paying. Binance support helps but is slow, and banks are not transparent.

👉 So my advice: Stay sharp, document everything, and be ready for legal action if needed. Don’t let your hard-earned crypto vanish because of carelessness.