Post
Topic
Board Legal
Re: bank account freeze by cyber crime after trade in localbitcoins
by
fuzebase
on 07/11/2020, 19:54:59 UTC
Hi,

Few days ago my state  bank of India account  was hold with a lien marked 999999. I have contacted with my branch manager and he told that account is  hold by cyber crime due to fraudulent activity and couldn't remove hold without investigation complete. I have traded in localbitcoins few months ago and all trades i have done with verified profiles with more than 1000 trades and reviews. Anyone faced similar issue? is any way to solve it and back my bank account?   I never imagine such an issue because all trades i have done with great profiles listed there with good review.

Thank You

Do you collect KYC informations on your traders? If yes , you should be fine.