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Is it risky to accept money in my bank account from a friend who used Binance P2P?

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Cryptocoins Exchanges / Binance 15 Views

Yo everybody, I want some advice.

My pal lately had his bank account frozen after using Binance P2P. He says somebody falsely reported a transaction, but the account is now working once more. Still, he’s scared to make use of Binance anymore.

Now he needs to ship me some cash directly to my checking account, but I simply came upon it may be from his Binance P2P trades. I haven’t used Binance myself, and my account is totally clear. I’m nervous that accepting cash linked to P2P may get my own account flagged or frozen.

I’ve read that in India, banks can take motion even on the receiver’s aspect if crypto-related transactions are suspected.

So my question is: Is it protected to simply accept this cash or should I keep away from it? Has anybody right here been in an analogous state of affairs?

Recognize any insights or actual experiences. Simply making an attempt to stay protected.

submitted by /u/Aditya_Kumar24
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