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 a court of law
Pretty good topic. I think Government cant handle or help you with that especially if the user who scammed you is using a disposable wallet for transactions. Plus you cant track him that easily. Binance have fake users, they always reminding users to be vigilant cause some are probably trying to scam them. Anyone could distignuish an account that is legit and only choose those verified one. The trick is dont over to some high offer value that doesnt have much feedbacks. Potentially they are scammers. Does this gives a free hand to scammers as they know that they cannot be punished by a court of law