Nils Silinevics
Partner · AML & Crypto Compliance · Former FIU Investigator
Bybit's AML compliance system flagged your account for review. As Bybit has rapidly expanded from a derivatives-focused platform to a full-service exchange, their AML monitoring has become increasingly sophisticated — and increasingly aggressive with false positives. Their system screens transactions in real-time but provides minimal feedback when it flags an issue. You may only know you're under AML review because withdrawals stopped working or your account was restricted. Our lead partner, a former Senior AML/CFT Investigator at a European FIU, knows exactly how AML systems generate flags and how to build responses that resolve them.
Bybit's AML evolution: Originally a derivatives-only platform with minimal compliance, Bybit has rapidly built out its AML infrastructure in response to regulatory pressure. This means their system is newer and sometimes less refined than established exchanges like Binance or Coinbase — more aggressive with flags, slower to process reviews, and less transparent about requirements.
Bybit-specific AML triggers: Derivatives manipulation patterns (wash trading, layering through leverage), rapid movement between spot and derivatives accounts, high-volume P2P trading, deposits from addresses flagged by their analytics provider, and cross-exchange arbitrage patterns that resemble money laundering structuring.
The Bybit AML process gap: Unlike Kraken (which publishes their entire AML framework) or Coinbase (which has formal SAR procedures), Bybit's AML review process is largely undocumented publicly. This makes self-resolution extremely difficult because you don't know what they're looking for. We fill this knowledge gap through experience handling hundreds of Bybit AML cases.
Bybit does not publish official SLAs for AML reviews. Based on our case experience:
Bybit uses automated transaction monitoring that screens deposits, withdrawals, and trading patterns in real-time. When their system flags suspicious activity, your account enters a compliance review queue. The system has become increasingly sophisticated as Bybit has grown, but it generates many false positives — especially for derivatives traders whose complex trading patterns can mimic money laundering typologies. We understand these false positive patterns and prepare documentation that addresses the specific flag.
Bybit typically requests: government ID (if KYC isn't complete), Source of Funds documentation for flagged transactions, explanations of trading patterns that triggered the flag, and in some cases video verification. The specific requirements depend on what their AML system flagged. Unlike Binance (which sometimes tells you what to submit), Bybit often just restricts your account without specifying what documentation is needed. We determine the requirements based on the flag type.
Indirectly yes. Blockchain analytics providers (Chainalysis, Elliptic) maintain shared risk databases. If Bybit flagged your address and it appears in these databases, other exchanges may flag the same address when you deposit. A SAR filed by Bybit also goes to government databases accessible by other financial institutions. Resolving the AML review on Bybit — rather than just moving funds elsewhere — is the safer long-term approach.
Bybit publishes no official timeline. In our experience: 2-6 weeks without professional help, commonly stretching longer because support tickets go unresponsive. With our involvement, we typically achieve resolution in 1-3 weeks because we submit compliance narratives directly to Bybit's legal/compliance team rather than through standard support.
Inherited crypto, accounts under another name, unprovable source of funds — situations other firms decline.
Often triggered alongside AML review. See how we handle source-of-funds documentation on Bybit.
In-depth guide on crypto AML laws across Europe — documentation, legal strategy, and timelines.
How anti-money-laundering rules differ across Germany, UK, Switzerland, France, and more.
Tell us what triggered the AML review and what documentation they requested. We respond within 6 hours.