Case

Access to $500,000 at Bybit restored in 48 hours

BybitAML / KYC$500,00048 hours

The account was frozen following an AML/KYC review, and standard support stopped providing substantive updates. We assembled a package for the compliance team, after which access to the funds was restored.

An anonymized case. A similar situation does not mean the same timeline or outcome.

Situation

What the client reported

Client statement

According to the client, Bybit froze the account without warning because of an AML/KYC concern. About $500,000 was held in the account and could not be withdrawn.

Standard support repeatedly replied that the matter was awaiting review. Several days passed without a substantive update.

Available evidence

What was documented

Documented fact
  • Platform and amount

    A Bybit account with about $500,000 subject to an AML/KYC restriction.

  • Support responses

    For several days, standard support sent template responses without substantive progress.

  • Case materials

    The available materials included the transaction history and source-of-funds documents, including statements and tax records to the extent available.

Work completed

Steps toward resolution

Our analysis
  1. 01

    Identified the restriction trigger

    We reviewed the transaction history and identified the pattern that appeared to have triggered Bybit's AML system.

  2. 02

    Assembled Proof of Funds

    We prepared a package covering the source of funds, statements, and tax records, using terminology suitable for compliance review.

  3. 03

    Submitted the materials to compliance

    Instead of sending further generic complaints, we prepared a structured submission with a technical explanation for the specialist channel.

  4. 04

    Escalated the matter for priority review

    The ticket reached the team responsible for reviewing the supporting package. The final decision still depended on the exchange and the quality of the materials.

OutcomeDocumented fact

How the case concluded

After the package was reviewed, the restriction was lifted and the client regained access to the funds. The period from submission to the decision was about 48 hours.

Access to the funds was restored after the supporting materials were reviewed.

Bybit$500,00048 hours
What mattered

Factors that influenced the outcome

Our analysis
  • A specific explanation of the restriction trigger rather than a general assertion that the activity was legitimate.
  • Documents tailored to the compliance requirements rather than further correspondence with standard support.
  • Submission through a channel that reviews supporting packages rather than template requests.

Important limitations

  • This outcome does not guarantee the same result or timeline in another case.
  • The exchange's decision, the completeness of the evidence, and the circumstances all matter.
  • The client and personal data are not disclosed.
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