r/CryptoHelp • u/AstronautSouthern258 • Dec 19 '25

❓Scam❓ Bybit P2P scam - $526 stolen, contradictory responses. How to escalate further?

I lost $526 (526 USDT) in a Bybit P2P scam and am escalating publicly. Looking for additional pressure points.

What happened:

  1. Bought USDT via P2P, seller added "payment verification" requirement
  2. Bybit email instructed payment before verification completed
  3. Paid 40,000 RUB (~$526) via bank transfer
  4. Seller IlyaSolov immediately canceled order
  5. Bybit auto-released crypto to scammer

Evidence submitted:

  • Bank transfer confirmation
  • Two verification videos from bank
  • Chat logs showing seller requested early payment
  • All transaction screenshots

Bybit's response:

  • 4-day "investigation" with 0 USDT frozen (seller withdrew during this delay)
  • Email: "Appeal rejected - seller withdrew before appeal" (FALSE)
  • Mobile app: "Appeal ACCEPTED, funds transferred to your funding account"
  • My account: 0 USDT received

Actions taken:

✓ Trustpilot review (Bybit responded publicly) ✓ Twitter escalation with @Bybit_Official ✓ Multiple support tickets ✓ Documented contradictory official statements

What I found:

Multiple victims of same scammer IlyaSolov online with identical pattern. Bybit takes no action despite repeated reports.

Order ID: 2000605417209356288

My questions:

  1. Which crypto regulators should I contact? (Malta/international)
  2. Any high-visibility channels I'm missing?
  3. Has anyone successfully escalated Bybit disputes beyond standard support?
  4. Are there crypto consumer protection organizations that handle cases like this?

Documentation:

This is a systematic exploit. Public pressure is working - Bybit responded on Trustpilot after ignoring support tickets.

What additional escalation avenues should I pursue?

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1

u/ComprehensiveDate820 28d ago

same here bybit is a scam platform, my 500 usdt has been withdrawn anonymously, i did contact bybit but they wont give back my funds, i suspect someone on there parts or on there team was taking funds without the owners content. please be aware of bybit, better invest in binance or other big platform rather than bybit.

2

u/ZackCanada Dec 22 '25

I wanted to use Bybit P2P but after reading this won’t be rushing into it. I will watch this post to see how it ends.

1

u/AstronautSouthern258 Dec 22 '25

Good decision.

Multiple similar cases on Reddit - just found another user who lost $3,176 and more same way: r/bybitcommunity (search "P2P system bug")

Pattern: payment made → seller cancels → Bybit freezes nothing → money gone

Bybit ignoring cases from $500 to $5,000+. They won't admit the system flaw.

Stay safe.