P2P Trading in Nigeria: You fit lose money when you nor do any bad things?

[Johnlomape]

How Una think say this thing fit take resolve, because crypto don already get him own risk and now person go come still dey fear P2P vendor make him nor go receive fraudulent money... Because in the end na him go lose..

Quite a complicated story, but I think people can easily avoid situations like this by sticking to the rules that these same exchanges provide. I believe almost all exchanges allow you to report P2P transactions when the account name doesn't match that of the registered merchant, I.e the name of the person you're trading with. A lot of people often make mistakes by accepting money from people who uses third-party payment, and that's actually the biggest risk when making a P2P trade, imo. In a country like this where legal issues can get very complicated, the least you can do for yourself is to have enough proof, and also hope that the matter doesn't get overcomplicated.

This is more than complicating because I cannot watch money being frozen by a bank because they told me the money came from a source that is linked to a scammer. This is not funny at all and people are really facing shits because they want to trade their coin on bybit. We need to be very careful as a trader because this is not the first time something like this is happening.
Bybit should be avoided if a p2p trader is facing more financial issues on that exchange. I have also seen so many complaints about Bybit not today and we need to be smart when trading on the platform.

[Fivestar4everMVP]

Them say e fit go challenge for court or refund the money.. so if him return the money, wetin him go gain in return, funny how be say nor be only him don get the experience. All these things na dey make centralised exchange dey somehow. I get say them dey try protect the victim of the fraud, so what about these other victims wey there acc don dey restricted.
How Una think say this thing fit take resolve, because crypto don already get him own risk and now person go come still dey fear P2P vendor make him nor go receive fraudulent money... Because in the end na him go lose..

He should go to court and see to the end of the matter, its not his fault that he sold his goods and the customer who bought the goods paid with a fraudulent money, how was he supposed to know that the money from which the customer paid was a stolen money? (i said "goods" because this is exactly the way i will put it in court).
When the matter is in court, what the authorities will need to do is force Bybit to provide the kyc details of the user who bought the goods, i believe from that personal information, they would catch the thief, at least when he returns the crypto asset he bought, then the bank can move the money where ever they want.
But in a case where Bybit does not have the kyc details of the user or the kyc details provided to them is fake, then the authorities must make them(Bybit) return the victim's crypto asset so the bank can move the money to the rightful owner.
This is how i think this matter should be settled in a sane and working country.