- 2020-12-31 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
- 2023-01-16 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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