The distribution you received, after loosing what happened on the 10th/11th of October is just a support from Binanace and not the the compensation, We are yet to receive the compensation!
Look at the message from the support team below!
Not my words, Binance saying it is distinct from the current intiative!
On October 15, 2025, I became a victim of a serious scam. I listed $BTC 30,000 worth of $BTC for sale on a P2P platform, and a buyer approached me claiming to be a trusted merchant. They “transferred” the payment to my bank account, and I even received an SMS confirmation.
Just when I thought everything was fine, the buyer canceled the order and reported the payment as fake! 😱 The platform froze my account, and the buyer vanished with my crypto. The transaction was reversed, leaving me both financially and emotionally shaken.
Lessons Learned:
1. Verified badges aren’t foolproof: Even accounts with verification can be compromised.
2. Wait for actual payment: Never release crypto until the funds are fully cleared in your account.
Advice: Always put security first. Verify the buyer carefully, and ensure the payment has fully settled before releasing any crypto. Don’t let excitement or greed make you careless.
Extra Tip: Keep an eye on $ETH ETH — it’s showing strong potential! 🔥
Stay vigilant, and let this serve as a warning to fellow traders. 😊
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