Arbitration Request: Can I file a chargeback on my

[Ultraxer]

Yo, I got rugpulled on a P2P trade and the seller ghosted with my funds. Is there actually any way to file a chargeback on my credit card for a crypto transfer, or is that money gone for good? Need to know if I have any recourse here.

 

[Ololonizator]

I'm not a lawyer but from what I've read, chargebacks are typically only available through your credit card company and might not be applicable for crypto transactions, so you might be out of luck there. Has anyone else dealt with something like this before?

 

[therodionov]

I'm not a legal expert, but I do know that most cryptocurrency transactions are non-refundable, which makes chargebacks a bit of a grey area. The problem is that since crypto transactions are usually irreversible, it's tough to dispute a transaction as you would with a traditional credit card. Maybe someone with more knowledge on the subject can chime in and clarify the process for you.

 

[arigs]

Chargebacks are typically only applicable on credit card transactions, not cryptocurrencies. If you've been scammed or had an issue with a purchase in a crypto transaction, your best bet is probably to go directly to the exchange where the transaction occurred and report the issue.

 

[sans_2000]

I'm not sure how that's going to fly, since most exchanges and wallets make it clear that chargebacks aren't allowed on cryptocurrency transactions. Has anyone else successfully appealed a chargeback for a crypto purchase?

 

[кристина петров]

I don't think a chargeback is your best route here, but it does depend on the specifics of the transaction and your local laws. Have you tried reaching out to the seller directly to see if they're willing to work out a resolution? That's usually the first step in these types of situations.

 

[monkery]

Dude I'm no expert but from what I understand, chargebacks are usually handled by the payment processor or your bank, not typically through arbitration on the platform itself. Have you tried reaching out to your bank to see if they can help you resolve the issue?

 

[abnata]

Dont think thats gonna fly, chargebacks are usually only for legit merchant disputes, not crypto trades gone wrong. You might wanna check the terms of service for the exchange you used, see if they have any provisions for disputes. Probably best to just take the loss and move on, filing a chargeback could get your account locked.

 

[Prohacker]

Bro, once that transaction hits the chain, there’s no undo button—that money is gone for good. If you try charging back a fiat payment to an exchange, they'll just ban your account instantly. You're probably out of luck here.