Exchanges· ★★· bullish·

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