
Bybit receives commendation from Korean police for cyber investigation support
- —The award was presented by KNPA Acting Commissioner General Yoo Jae-sung and accepted by Coco Heng, Head of Law Enforcement Relations
- —Bybit processed over 30,000 suspicious withdrawal requests and identified $212 million in fraud-related funds
- —Monitoring covers 100% of on-chain activity across the exchange's contracts and wallets
- —AI auditing detects critical vulnerabilities 3–5 times more often than manual review
Why it matters: Regulatory recognition strengthens Bybit's reputation in Asia and sets a standard for exchange cooperation with law enforcement.
Source: Finbold
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