Hi friends,
It's been a few months since the last post on this thread but this is exactly my problem at the moment.
I'm from the UK. Yesterday I sold some bitcoin on localbitcoins to a new user with 0 feedback. I suppose I should've know better than that but his ID was verified with lcb and I made sure the funds came from an account in his name.
A few hours following the trade I discovered that I was unable to perform any transactions on my bank account (HALIFAX) when I contacted the bank I was told my account was being investigated due to fraud and I must report in person in a branch with identification.
I contacted localbitcoins and they refuse to release any details about the buyer ID that might help me prove my innocence to the bank. All I have is a record of the transactions on lbc and you can see that the buyer's real name is verified and that's the name that matches up with the bank transfer that he paid me for the bitcoins.
I've been really stressed all day and I can't sleep.. I feel so helpless. I saw there some really good people writing on this forum and contributing their opinion and experience. Please if anyone reads this and can give advice what am I supposed to do? I am totally innocent.
Will my bank Halifax accept the proof when I show them my localbitcoins account? Will they understand that of course there was no fraud since the buyer received the bitcoin in exchange for his payment as they were held and then released from escrow. There is actually no way he didn't receive them.
Will the bank accept that this person ID was verified by lbc and therefor of course it was him making he payment that came from an account in his name.. who is going to believe that some one stole someone's ID documents AND managed to steal access to their bank account... Now way! Of course it was him and now he's just trying to scam me after having received the bitcoins knowing full well what kind of trouble banks can cause.
Please tell me what to do... I'm so stressed. Will I lose all my money? Will I lose some of my money? What am I to do?