Do not trade in P2P with unknown people. Avoid P2P trading on platforms like Binance and WazirX since Binance owns WazirX and they are involved in multinational investigations for various types of alleged crimes.
Withdraw directly from platforms and use a separate bank account for such transactions which will help you keep track. Do not keep your savings or investments in such accounts.
Scammers and fraudsters are everywhere. Do not share your bank details with anyone and do not allow anyone to use your bank account.
Thank you for this article, which is full of important legal information that you should know in case anyone is exposed to such incidents.
But I would like to point out the exact point you mentioned:
"Do not trade in P2P with unknown people"
This is absolutely true because it carries a high risk, not only can you buy money from fraudulent people who use you to launder their money, but also there are other risks that can occur due to a p2p exchange, for example, two days ago my friend told me that his uncle used the Binance platform to conduct a p2p trading where he wanted to sell 7000$ From bitcoin at a price greater than the market, but unfortunately for him he transferred his balance of bitcoin to the other person and pressed the “release” button before he got the money, and so the other person took the bitcoin and did not transfer the money and this man lost his money as a result of his stupidity and because of this type of service, the fraudster did not return his calls and Binance did not compensate for his loss.
This incident also indicates the danger of this type of trading and that spot trading on platforms is much better and safer.