Bybit blocks $700 million in suspicious withdrawals; security preventing losses at scale

Bybit's security systems prevented over $700 million in potential losses during H1 2026 by blocking 30,000+ suspicious withdrawals and identifying ~$212 million in fraudulent activity. Web3 and crypto builders should assume that anti-fraud and anti-money-laundering tooling are now non-negotiable—compliance automation will become a competitive moat.

Source: Gadgets 360 ↗