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

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 maliciously deducted all my profits. Bybit's website is https://www.bybit.com/en/ I traded on Bybit for a few months, and then they sent me an email saying I had violated trading rules and deducted all my profits. Bastards! They won't even give me my principal back if I don't agree! View Source