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Bybit

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Operating status: SCAM

Website: https://www.bybit.com/en-US/

Broker violations and abnormal records
  • Dec 31, 2020 The Securities Commission Malaysia (SC) Added Bybit into Its Investor Alert List

    In 2021, The Securities Commission Malaysia (SC) issued a warning against Bybit that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

  • Jan 16, 2023 BrokersView has Reviewed that ​Bybit is an Unregulated Broker

    Bybit claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 


    The Securities Commission Malaysia (SC) issued a warning that Bybit was providing finacial services or products without authorisation.


    The truth is that Bybit is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.


    Bybit claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The Securities Commission Malaysia (SC) issued a warning that Bybit was providing finacial services or products without authorisation.The truth is that Bybit is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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1 comments

paul lee
Do not use P2P trade with seller. I transferred money to seller and seller do not release the coin. i have provided all supported document but the platform do not pay any responsible to this loss. I almost loss $500.
Oct 18, 2024
1
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