Quote from: radiojack1 on July 30, 2020, 02:20:16 PM

After a long time, I found a right place to ask my question.

Last year, my bank account got frozen. Bank said that my account is blocked based on the instruction from Cyber Crime.

I did few P2P Trades on P2P Platform. Is that the reason?

No one has contacted me so far? Does any faced similar issue and got it resolved? If Yes, how?

Update:

I am from INDIA.

Looks like OP hasn't logged in since the day this was posted.

I'm guessing a bit here based on the vague details, but it sounds like he sold crypto on a peer-to-peer platform and allowed buyers to pay him using bank transfers. The risk with this is that the buyer may have transacted with a hacked bank account. By the time the bank realized or was notified of what was going on and froze OP's bank assets, the criminal was long gone with OP's crypto coins. Now the bank will confirm the theft and attempt to refund the defrauded bank account customers. OP's funds will remain frozen until that is resolved. It could take months. Meanwhile, OP may also lose access to the banking transfer services he was using to do these transactions, not to mention his money and his coins.

Things to do to resolve the problem:

1. Contact the P2P platform and make them aware of the issue. At least, the P2P may ban the hacker, but that is of little help to the OP.

2. Contact the bank's fraud department and give them an honest of full report on the transactions. Explain to them what you were doing with details, not some vague explanation as was posted here. You will need to do this in writing and send it to the bank's fraud department agent working on your case.

3. Explain that you were defrauded. Explain that you did not know you were dealing with a dishonest customer.

4. Request that your banking privileges be restored.

5. The fraud department at your bank may request that you personally prove that the transactions were not fraudulent. That will be impossible given the anonymity of the transactions and the fact that the P2P platform will probably not cooperate with the investigation. Furthermore, you will have a hard time finding any police agency willing to help you.

6. After you've done all that, just wait. After some time has passed, your bank funds - what's left of them - will be released. You will have to call the bank fraud department from time-to-time to get status on the situation. Eventually, they will release the balance of your funds after defrauded account holders have been refunded.

7. Don't do this anymore. Find a legit service that can exchange your coins for money if that's what you need. P2P bank transfers isn't it.

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