Report the fraud
* Contact Binance Support: Immediately reach out to Binance Customer Service and report the fraud. Provide detailed information, including Transaction IDs, the username of the other party, and any communications that occurred with the scammer.
* Report to the police: Notify local authorities about the incident and provide them with the necessary documents.
* Freeze your account: Request Binance to freeze your account to prevent further transactions.
Potential recovery
* Dispute resolution at Binance: Binance has a dispute resolution process for P2P transactions. They may be able to help recover your funds.
* Payment Reversal: If the scammer has not withdrawn the funds yet, Binance may be able to reverse the transaction.
Prevention tips
* Verify counter parties: Trade only with trusted and verified users.
* Use Escrow service: Use the escrow services provided by Binance to hold funds until the transaction is completed.
* Be cautious: Beware of deals that seem too good to be true or that require unusual payment methods.
Unusual.
