Bybit Prevents $300 Million Fraudulent Withdrawals

Bybit said its AI-powered Dynamic Risk-Based Protection System identified about $500 million in suspicious withdrawal attempts in the fourth quarter of 2025, blocking or recovering roughly $300 million and protecting more than 4,000 user accounts. The exchange described a tiered real-time response—automated prompts, on-platform alerts, and instant withdrawal blocks or cooling-off periods—demonstrating proactive, AI-driven fraud detection in crypto custody.