P2P Chargeback After USDT Release, Buyer Still Active

On 9 August 2026, I bought 172.17 USDT for PKR 48,845 by way of Binance P2P. The customer paid, I launched the USDT, and the trade was accomplished normally

Weeks later, the cost was reported as fraudulent

Once I went to my bank, the branch manager advised me that the sender had filed a fraud grievance/chargeback. My primary account and debit card have been suspended and funds I had already transferred to my other account and my father’s account have been also frozen

I contacted the customer asking why he had completed this. He later claimed it was a “chain dispute” and that his own account was blocked too

He informed me NOT to tell the bank it was a Binance P2P transaction and steered I say the cost was for a web-based mobile-phone purchase as an alternative

I reported him to Binance around 2-3 October and submitted the evidence. As of 7 October, his P2P profile still seems lively and he nonetheless appears capable of trade

I perceive investigations take time however that is the half I do not understand. I'm dealing with frozen accounts and blocked funds over a accomplished Binance commerce, while the individual I reported appears to be carrying on usually

I have the completed P2P order, proof of cost and USDT launch, financial institution correspondence, account restriction evidence, and the chat where he tells me to explain the transaction as a telephone purchase

Binance has the order data and chat historical past and may verify what occurred

What I need to know is why an account concerned in a grievance like this is still apparently allowed to keep trading whereas the investigation is ongoing

Has anyone right here dealt with something comparable? Did Binance truly assist with the bank dispute?