Post
Topic
Board Legal
Topic OP
P2P Scams : Where does the government stand
by
UmerIdrees
on 02/06/2023, 15:48:31 UTC
These days there are a lot of P2P scams on Binance and other platforms. The P2P platforms are not be blamed but the scammers are coming up with new ways to scam people who are new to the crypto world.

Recently Binance did a P2P scam awareness session with our local community which was very informative.

The recording can be watched here  https://www.binance.com/en/live/video?roomId=2138115

Now my question is that in my country, crypto is not legalized, so in case if anyone is scammed through P2P, we can't take up this matter in the legal court because the country does not recognize the transactions of crypto in the first place.

Does this gives a free hand to scammers as they know that they cannot be punished by the court of law  Huh