According to Richard Teng, scammers are increasingly using fake payment confirmations to deceive crypto sellers into releasing their assets prematurely. Traders should always verify that funds have arrived in their account, wait for official confirmation from the platform, and ensure that all account details match before releasing any cryptocurrency. These steps are critical to prevent fraud and protect assets, especially for those trading on Binance P2P, as confirmed by Binance's official guidance (source: @_RichardTeng, binance.com/en/blog/p2p/fake-payment-confirmations). Staying vigilant helps to maintain secure transactions and reduces the risk of loss in volatile crypto markets.