P2P Chargeback After USDT Release, Buyer Still Active

On 9 August 2026, I bought 172.17 USDT for PKR 48,845 via Binance P2P. The customer paid, I launched the USDT, and the commerce was completed normally

Weeks later, the cost was reported as fraudulent

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

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

He advised me NOT to inform the bank it was a Binance P2P transaction and steered I say the cost was for an internet mobile-phone purchase as an alternative

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

I perceive investigations take time however this is the part I do not understand. I'm dealing with frozen accounts and blocked funds over a accomplished Binance trade, while the individual I reported seems to be carrying on normally

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

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

What I need to know is why an account concerned in a grievance like this is still apparently allowed to maintain buying and selling while the investigation is ongoing

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