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Bybit Launches Dedicated VIP Portal for Stolen Fund Inflow Reporting

Business

Bybit Launches Dedicated VIP Portal for Stolen Fund Inflow Reporting
Business

Business

Bybit Launches Dedicated VIP Portal for Stolen Fund Inflow Reporting

2025-09-29 21:16 Last Updated At:21:35

DUBAI, UAE, Sept. 29, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced the launch of a new VIP-level reporting service designed to streamline stolen fund inflow case submissions. The "Report Stolen Funds" portal, now accessible via Bybit's official website, allows victims to submit stolen fund cases of suspected stolen assets entering Bybit directly to the exchange's Lazarus Security Lab, a dedicated 24/7 team for expedited review within 2-4 hours. This initiative underscores Bybit's commitment to invest in robust risk control measures and user protection frameworks, reinforcing its vision of building trust and transparency in the crypto economy.

The services can be accessed through multiple points on Bybit's platform, including the Help Center, Customer Support portal, and the Bybit Authenticity Check page. Once inside, VIP users are able to provide details such as the stolen asset type, transaction information, and the suspected hacker's address. The portal is specifically intended for inflow cases where stolen funds are suspected to have reached Bybit.

lt provides VIP clients with a secure entry point to report stolen fund inflows involving Bybit. Cases submitted through the system will be prioritized for internal review before victims engage law enforcement, enabling Bybit to act swiftly in preserving evidence and protecting client interests.

Submitted cases will be reviewed within 2-4 hours, and temporary internal restrictions may be placed on suspicious accounts as a precaution. These measures are discretionary and do not replace a legal freezing order. These measures are discretionary and apply only to inflow reports; they do not replace official freezing orders required for recovery. Victims remain responsible for filing with law enforcement and obtaining official freezing orders to pursue enforceable recovery.

"Our priority is to ensure that our VIP clients have fast and direct access to trusted tools when they need them most," said David Zong, Head of Group Risk Control and Security at Bybit. "This service focuses on stolen fund inflows, giving us the ability to act quickly to secure evidence while clients prepare their law enforcement filings. It represents both our responsibility to our clients and our duty to regulators and the wider ecosystem."

The launch of the VIP portal marks another step in Bybit's ongoing investment in risk controls and user protection. Bybit is also exploring ways to expand this service to retail users in the future, reinforcing its commitment to accountability and alignment with evolving global regulatory expectations.

For more information, please visit: https://www.bybit.com/en/help-center/article/How-to-Report-Stolen-Assets

Note: While recovery cannot be guaranteed, Bybit may place temporary holds on accounts as a precaution and will cooperate fully with law enforcement.

#Bybit / #TheCryptoArk 

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

DUBAI, UAE, Sept. 29, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced the launch of a new VIP-level reporting service designed to streamline stolen fund inflow case submissions. The "Report Stolen Funds" portal, now accessible via Bybit's official website, allows victims to submit stolen fund cases of suspected stolen assets entering Bybit directly to the exchange's Lazarus Security Lab, a dedicated 24/7 team for expedited review within 2-4 hours. This initiative underscores Bybit's commitment to invest in robust risk control measures and user protection frameworks, reinforcing its vision of building trust and transparency in the crypto economy.

The services can be accessed through multiple points on Bybit's platform, including the Help Center, Customer Support portal, and the Bybit Authenticity Check page. Once inside, VIP users are able to provide details such as the stolen asset type, transaction information, and the suspected hacker's address. The portal is specifically intended for inflow cases where stolen funds are suspected to have reached Bybit.

lt provides VIP clients with a secure entry point to report stolen fund inflows involving Bybit. Cases submitted through the system will be prioritized for internal review before victims engage law enforcement, enabling Bybit to act swiftly in preserving evidence and protecting client interests.

Submitted cases will be reviewed within 2-4 hours, and temporary internal restrictions may be placed on suspicious accounts as a precaution. These measures are discretionary and do not replace a legal freezing order. These measures are discretionary and apply only to inflow reports; they do not replace official freezing orders required for recovery. Victims remain responsible for filing with law enforcement and obtaining official freezing orders to pursue enforceable recovery.

"Our priority is to ensure that our VIP clients have fast and direct access to trusted tools when they need them most," said David Zong, Head of Group Risk Control and Security at Bybit. "This service focuses on stolen fund inflows, giving us the ability to act quickly to secure evidence while clients prepare their law enforcement filings. It represents both our responsibility to our clients and our duty to regulators and the wider ecosystem."

The launch of the VIP portal marks another step in Bybit's ongoing investment in risk controls and user protection. Bybit is also exploring ways to expand this service to retail users in the future, reinforcing its commitment to accountability and alignment with evolving global regulatory expectations.

For more information, please visit: https://www.bybit.com/en/help-center/article/How-to-Report-Stolen-Assets

Note: While recovery cannot be guaranteed, Bybit may place temporary holds on accounts as a precaution and will cooperate fully with law enforcement.

#Bybit / #TheCryptoArk 

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Bybit Launches Dedicated VIP Portal for Stolen Fund Inflow Reporting

Bybit Launches Dedicated VIP Portal for Stolen Fund Inflow Reporting

  • Having secured the fully driverless commercial permit in mid-November 2025, the partners have launched fully autonomous ride-hailing service via the AutoGo app.
  • Initial operations cover Yas Island, with phased expansion planned for Reem, Al Maryah, and Saadiyat Islands.
  • The launch marks a critical step toward the partners' goal of deploying hundreds of vehicles by 2026 and building Abu Dhabi's largest fully driverless fleet.
  • ABU DHABI, UAE, Jan. 17, 2026 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) today announced that its autonomous ride-hailing service, Apollo Go, and AutoGo, a leading UAE-based autonomous mobility company, have officially launched the fully autonomous commercial ride-hailing service in the emirate. The launch of the service, now available via the AutoGo app, marks a major milestone in the commercialization of autonomous driving in the Middle East. The service has launched initially on Yas Island, where users in Abu Dhabi can now download the app to hail fully driverless rides.

    The collaboration between Baidu's Apollo Go and K2's AutoGo began in March 2025, when they announced the partnership to build Abu Dhabi's largest fully driverless fleet. Building on that momentum, the companies secured one of the inaugural permits for fully driverless commercial operation in Abu Dhabi in mid-November 2025 and signed a next-phase agreement to scale the fleet to hundreds of vehicles by 2026. With the service now available to the general public through the AutoGo app, the partners are actively advancing their goal of establishing the emirate's largest fully driverless fleet.

    "Moving from an initial partnership agreement to launching live, fully driverless operations for the public in a span of just a few months is a remarkable milestone," said Liang Zhang, Managing Director of EMEA at Baidu Apollo. "This speed of execution highlights the technical readiness of Apollo Go, the strong operational capabilities of our partnership, and the steadfast support of local regulatory bodies."

    "AutoGo's transition to live robotaxi operations marks an important milestone in Abu Dhabi's autonomous mobility journey," said Sean Teo, Managing Director of K2. "Launching the service at the start of the year reflects our focus on execution and long-term value creation. By introducing robotaxi services in real urban environments and scaling across key districts, we are moving decisively from development to deployment—delivering autonomy that is practical, safe, and ready for everyday use."

    The initial operation covers Yas Island, a premier leisure and entertainment hub in Abu Dhabi, now designated as a permitted zone for fully driverless operations. This service allows users to simply download the AutoGo app, request a ride, and experience a journey in a vehicle with no human driver behind the wheel.

    Following the initial launch on Yas Island, the service will implement a phased geographic roll-out across Abu Dhabi. The expansion will begin with Reem Island, Al Maryah Island, and Saadiyat Island. Over time, the service will continue to expand across additional areas, with the long-term objective of operating across the wider Abu Dhabi emirate.

    Apollo Go's rapid expansion into the UAE is backed by its industry-leading autonomous driving technology and proven real-world operational expertise. As a leading autonomous ride‑hailing service provider globally, Apollo Go has logged more than 240 million autonomous kilometers, of which over 140 million kilometers were completed in fully driverless mode. With a global footprint across 22 cities, Apollo Go's weekly ride count has recently surpassed 250,000, and the service has completed more than 17 million cumulative rides as of October 31, 2025. Looking ahead, Apollo Go and AutoGo will scale fully autonomous commercial ride-hailing services to reach more users and advance Abu Dhabi's smart city vision.

    About Baidu
    Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on the NASDAQ under "BIDU" and HKEX under "9888." One Baidu ADS represents eight Class A ordinary shares.

    Media Contact
    intlcomm@baidu.com

     

ABU DHABI, UAE, Jan. 17, 2026 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) today announced that its autonomous ride-hailing service, Apollo Go, and AutoGo, a leading UAE-based autonomous mobility company, have officially launched the fully autonomous commercial ride-hailing service in the emirate. The launch of the service, now available via the AutoGo app, marks a major milestone in the commercialization of autonomous driving in the Middle East. The service has launched initially on Yas Island, where users in Abu Dhabi can now download the app to hail fully driverless rides.

The collaboration between Baidu's Apollo Go and K2's AutoGo began in March 2025, when they announced the partnership to build Abu Dhabi's largest fully driverless fleet. Building on that momentum, the companies secured one of the inaugural permits for fully driverless commercial operation in Abu Dhabi in mid-November 2025 and signed a next-phase agreement to scale the fleet to hundreds of vehicles by 2026. With the service now available to the general public through the AutoGo app, the partners are actively advancing their goal of establishing the emirate's largest fully driverless fleet.

"Moving from an initial partnership agreement to launching live, fully driverless operations for the public in a span of just a few months is a remarkable milestone," said Liang Zhang, Managing Director of EMEA at Baidu Apollo. "This speed of execution highlights the technical readiness of Apollo Go, the strong operational capabilities of our partnership, and the steadfast support of local regulatory bodies."

"AutoGo's transition to live robotaxi operations marks an important milestone in Abu Dhabi's autonomous mobility journey," said Sean Teo, Managing Director of K2. "Launching the service at the start of the year reflects our focus on execution and long-term value creation. By introducing robotaxi services in real urban environments and scaling across key districts, we are moving decisively from development to deployment—delivering autonomy that is practical, safe, and ready for everyday use."

The initial operation covers Yas Island, a premier leisure and entertainment hub in Abu Dhabi, now designated as a permitted zone for fully driverless operations. This service allows users to simply download the AutoGo app, request a ride, and experience a journey in a vehicle with no human driver behind the wheel.

Following the initial launch on Yas Island, the service will implement a phased geographic roll-out across Abu Dhabi. The expansion will begin with Reem Island, Al Maryah Island, and Saadiyat Island. Over time, the service will continue to expand across additional areas, with the long-term objective of operating across the wider Abu Dhabi emirate.

Apollo Go's rapid expansion into the UAE is backed by its industry-leading autonomous driving technology and proven real-world operational expertise. As a leading autonomous ride‑hailing service provider globally, Apollo Go has logged more than 240 million autonomous kilometers, of which over 140 million kilometers were completed in fully driverless mode. With a global footprint across 22 cities, Apollo Go's weekly ride count has recently surpassed 250,000, and the service has completed more than 17 million cumulative rides as of October 31, 2025. Looking ahead, Apollo Go and AutoGo will scale fully autonomous commercial ride-hailing services to reach more users and advance Abu Dhabi's smart city vision.

About Baidu
Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on the NASDAQ under "BIDU" and HKEX under "9888." One Baidu ADS represents eight Class A ordinary shares.

Media Contact
intlcomm@baidu.com

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Baidu's Apollo Go and K2's AutoGo Commence Fully Autonomous Ride-Hailing Service on Yas Island, Announce Phased Expansion Across Abu Dhabi

Baidu's Apollo Go and K2's AutoGo Commence Fully Autonomous Ride-Hailing Service on Yas Island, Announce Phased Expansion Across Abu Dhabi

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