Bank account suspended as a result of Bybit transaction

[Jaycoinz]

I wish Bybit could have a complaint option for vendors who transact with questionable funds, so one could go straight to that option and complain if they have their accounts suspended as a result of the transaction on their platform through any buyer.  It could help them evaluate transactions on their platform and possibly penalise such vendors for their actions.

I don't know much about bybit but through the countless topics raised on behalf on the p2p scams on bybit I know that there are many scammers on the bybit exchange. If anybody is a victim of this incident they all have to complain to the customer service. If they provide solid informations and proof, the issues will be resolved, even though it may take a while.

But don't we think that bybit ain't do enough to clean this scammers and fraudster off their space hence why this guy's feel very comfortable perpetrating all forms of financial crimes using bybit. I could remember when binance and kucoin we still active in Nigeria we didn't had this sporadic complains from P2P  traders about how merchants in bybit are  doing. They have being ignoring quite many abnormalities happening under their nose and it's not a good review on them.

Bybit have a lot scammer's and the exchange must be aware of this because they have been numerous complaints but still yet they don't plan at all in fixing it. Personally I don't use this exchange anymore because of this frequent shenanigans from all the vendors there and I don't advice people I know to even use it, just like you said binance and kucoin exchange were way better in terms of regulation of this sort of nonsense.

[CryptSafe]

Comrades, information just reaching me now that bank accounts of Bybit traders are being blocked because of a p2p trader by the name Joropay, who likely buys tokens with questionable funds via the bybit p2p platform. A few account holders have complained of the same issue today, and from the looks, the blockage of accounts occurred today.

Very terrible if this is true. Some people are just very heartless. I wonder what will happen then to the people whose accounts where blocked. My thinking now is that the banks will involve EFCC and once it gets to EFCC that is going to be a very long case.

It is quite a terrible one to say, People's account got suspended because of a vendor who used tainted funds to make payment for crypto deals.

Normally, as a smart crypto trader, whenever such happens, you do not make the mistake of going to the bank because if you do, you just might be surprised that the bank would hold you down and call the EFCC to pick you up and what if the money you have in your account does no equate the stress of bailing yourself what will you do?

In situations as this, if the account holder whos account first recieved that money goes to the back to rectify whatever issues on ground, the flow chain suspension would be lifted and everyone can access their funds but if not, that account is gone and better not to use such an account again because you can not be able to transafer any funds out from that account.

I have read several replies with respect to the information I dropped here.  What I will say is that we should trade with caution, as we never can tell who or where the funds with which would be received for payment through p2p are coming from.
Do well to read the vendor's conditions before engaging with them.  If possible, tell them to pay from their personal account and not a company account.

Lastly, read the review on their trade profile to see what people are saying about their experience with such a vendor before proceeding, because this would help you trade safely.

Let me make this clear: this incident does not affect the Bybit users' accounts, but rather the bank accounts of the Bybit users who traded with the vendor, as I see some people talking about Bybit accounts being blocked, which is not true.  It has nothing to do with the Bybit account, but rather it is best for the affected users to leave a review on the vendor's profile for others to see for themselves before they proceed to deal with such a vendor. That's just the simple logic there.

[Dr.Bitcoin_Strange]

This scammers are really taking their scam to another level, thanks for sharing this helpful information because I trade quite often using bybit p2p and I have not experience this myself but I see some few persons that has been victim. The way I manage not to be victim is that I have customized my p2p settings that I trade with only verified vendors, and I only take the trade if the vendor has  so many successful trades like 4k upward.

[Wiwo]

Bybit have played their own part, with the warning that nevwr take funds from third-party account's, this warning is to kick against hackers who have stollen other people bank account's and they use is to make payments for their p2p orders, i think exchange users should start taking things serious, always try by all means to verify the account's that p2p vendors make your payment from.

Best thing to do whenever a p2p vendor use third party account's to make payments to your account is to send the exact amount back to the account that send the money, this way the banks know you have nothing to do with illegal possession of that account. 

[Africolo]

Bybit jave played their own part, with the warning that nevwr take funds from third-party account's, this warning is to kick against hackers who have stollen other people bank account's and they use is to make payments for their p2p orders, i think exchange users should start taking things serious because scammers will always try by all means to verify the account's that p2p vendors make your payment from.

Best thing to do whenever a p2p vendor use third party account's to make payments to you account is to send the exact amount back to the account that send the money, this way the banks know you have nothing to do with illegal possession of that account 

Exactly what Bybit advised customers to do after receiving a third party payment and also report such vendor but honestly how many customers reports these vendors or even check to make sure the sender account name matches the vendors names. Most customers just received money and went on to release their assets without checking these basics security concerns.

We need to be careful while trading, there are innocent people in prison for receiving money they know nothing about the source.

[BIT-BENDER]

Comrades, information just reaching me now that bank accounts of Bybit traders are being blocked because of a p2p trader by the name Joropay, who likely buys tokens with questionable funds via the bybit p2p platform. A few account holders have complained of the same issue today, and from the looks, the blockage of accounts occurred today.

An account holder whose microfinance bank account got suspended today said he did a transaction last with the above-mentioned name before he had such an experience, and has not done any p2p transaction for the past few days. This invariably means that the Bybit trader used funds that seem questionable in dealing with vendors on the Bybit platform.

I wish Bybit could have a complaint option for vendors who transact with questionable funds, so one could go straight to that option and complain if they have their accounts suspended as a result of the transaction on their platform through any buyer.  It could help them evaluate transactions on their platform and possibly penalise such vendors for their actions.

You generally have to be careful with bybit I think their support system needs to be checked especially with the large influx of buyers using it. I am starting to think that Bybit is the breathing ground for scammers because they are now carrying out their activities seriously on Bybit. It is not becoming increasingly very difficult to have a smooth trading experience on that platform.

[Odusko]

Ever since Bybit become the most popular p2p exchange within the Nigeria cryptocurrency market, alot of attention have shifted over to Bybit  and so scammers who have stollen some funds will definitely move over there also, so we shouldn't be surprised about the news of scammers denting sellers banks account with stolen funds, this is a wake up call for Bybit users to only trade with trusted vendors and never to accept third party payments.

[Hardyrobust]

This is really a bad news and the best thing will either to avoid using the bybit exchange for P2P transaction. There are so many scammers that are currently trading in that bybit exchange. I had this experience were I actually placed a trade the vendor, instead of paying was actually begging me that he wants to reduce the exchange rate I refused . He was even asking me if we can trade outside the bybit exchange and I said no. One just needs to very careful while using this exchanges for doing P2P. One I think I will also recommend not using our main bank account for P2P transaction incase of any issues that may arise to avoid our being ban.

[CryptSafe]

snip

You generally have to be careful with bybit I think their support system needs to be checked especially with the large influx of buyers using it. I am starting to think that Bybit is the breathing ground for scammers because they are now carrying out their activities seriously on Bybit. It is not becoming increasingly very difficult to have a smooth trading experience on that platform.

Their support system seems not to be too proactive in handling situations, as it addresses customers' complaints with transaction issues. I have had issues in the past with a p2p vendor where it took the customer care a long time to respond. It was very annoying and frustrating, and I got angry at them. This laziness from them gives scammers the opportunity to use their platform because they already know their customer care is not proactive, and they have no sense of urgency for crucial matters as it concerns their customer base.

[andreiswipe]

My Bybit account was suspended for about two months with around $3,400 on it. I tried working with support, but honestly it didn't get me anywhere. After the first month my emails were either unanswered or I just kept getting the same generic responses, so I was starting to think I'd never get access back.

Eventually I came across a company called KarCrypto that helps with frozen crypto accounts. They reviewed my case, helped me prepare everything that was needed, and after they got involved the account was unlocked in about 4 days.

I know every case is different, so I'm not saying they'll be able to solve every situation. I just wanted to share what ended up working for me because I remember searching this forum for similar experiences when I was stuck.

[Princess Leah]

The people that are affected should give the person a negative review and state the reason there so that anyone that want to do p2p transaction can see the review and stay away from him.

The second thing they should do is to report the person individually to Bybit. This can help Bybit to freeze the person's account fast. The person will still be traced and it will be good if he used his real identity document for verification so that he can be taken down.

Maybe he defrauded some pr suspected of fraud so the bank had suspend the accounts of people dealing with him, i support your suggestion for a negative review, if lots of people give him negative review it would help reduce the risk of more suspended bank accounts of innocent people, Bybit might suspend his account from P2P.

 I believe that people in and out of this forum that are affected would report that particular account so his fraudulent act doesn't affect more people, I'll pass this information to my crypto friends outside this forum so they'll be careful with such vendor.

[Obim34]

I believe that people in and out of this forum that are affected would report that particular account so his fraudulent act doesn't affect more people, I'll pass this information to my crypto friends outside this forum so they'll be careful with such vendor.

This thread was last posted in September 2025, you don't need to reply OP.

There is nothing to add to the topic that hasn't already been discussed here, anymore discussion from here on is considered spam.

Old threads should be bumped if new information will be added to the topic.

[Woodie]

The only thing Bybit is answerable for is not venting it's p2p traders, otherwise the wrong doer here is the Joropay person that could have traded using illicit funds (could be from stolen cards, maybe using a bought Bybit account which was flagged etc) but has anybody asked non crypto users if bank transactions are still functional because sometimes it can be the bank just doing it's routine maintenance works and didn't communicate with it's clients..

Going forward invest in a crypto card that will allow you to spend your crypto coins!

[Agbe]

My Bybit account was suspended for about two months with around $3,400 on it. I tried working with support, but honestly it didn't get me anywhere. After the first month my emails were either unanswered or I just kept getting the same generic responses, so I was starting to think I'd never get access back.

Na di first time wey I dey see this thread. And op and you una don do well for bringing this matter here. Though your case come dey different small with di Op case. Your case na di bybit account wey dem suspended but op own na di Banks accounts wey dem use to receive money nai dem suspended. And that time di restrictions too still have small effect on the country and as others been don talk say na money wey e no dey genuine nai di guy been dey use to pay people nai make and na true. Di guy account e don already been dey flag either because na fraudulent money wey him use. But why Bank na restrict di guy to use di account instead of suspending innocent people accounts. Nigeria institutions e no go ever do things right. Make una thanks for bringing this.

[Hypnotizer]

My Bybit account was suspended for about two months with around $3,400 on it. I tried working with support, but honestly it didn't get me anywhere. After the first month my emails were either unanswered or I just kept getting the same generic responses, so I was starting to think I'd never get access back.

Eventually I came across a company called KarCrypto that helps with frozen crypto accounts. They reviewed my case, helped me prepare everything that was needed, and after they got involved the account was unlocked in about 4 days.

I know every case is different, so I'm not saying they'll be able to solve every situation. I just wanted to share what ended up working for me because I remember searching this forum for similar experiences when I was stuck.

Well it’s actually nice of you sharing this experience and information with other people, but what was the initial reason they suspended the account? You should share more details.

~snip

You should edit your post and separate your comment from what you quoted, you made a mistake by posting everything inside the “quote” tag. Someone who doesn’t have much time to read your post might just consider it spam..

This thread was last posted in September 2025, you don't need to reply OP.


There is nothing to add to the topic that hasn't already been discussed here, anymore discussion from here on is considered spam.

Old threads should be bumped if new information will be added to the topic.

I think the reason why the thread resurfaced was because someone posted a new info about a case where he recovered his suspended Bybit account which how some relation to this thread, you missed that?

[Yablee0]

Comrades, information just reaching me now that bank accounts of Bybit traders are being blocked because of a p2p trader by the name Joropay, who likely buys tokens with questionable funds via the bybit p2p platform. A few account holders have complained of the same issue today, and from the looks, the blockage of accounts occurred today.

An account holder whose microfinance bank account got suspended today said he did a transaction last with the above-mentioned name before he had such an experience, and has not done any p2p transaction for the past few days. This invariably means that the Bybit trader used funds that seem questionable in dealing with vendors on the Bybit platform.

I wish Bybit could have a complaint option for vendors who transact with questionable funds, so one could go straight to that option and complain if they have their accounts suspended as a result of the transaction on their platform through any buyer.  It could help them evaluate transactions on their platform and possibly penalise such vendors for their actions.

Their is one thing I want to get straight here, is it that the buyer indicated some crypto related in the description remark? Because that's is one of the main reason things like this normally happens. Or perhaps, the source of the funds is been linked to some kind of fraudulent activities or criminal cases. Maybe their is something the op might have missed out. A link to the source of the information or a clear explanation would have been better.  However, whatever that might have transpired, it's important we remain careful and extra vigilant while carrying out p2p transactions because scammers aren't joking this days.

[Chinesebaby]

My Bybit account was suspended for about two months with around $3,400 on it. I tried working with support, but honestly it didn't get me anywhere. After the first month my emails were either unanswered or I just kept getting the same generic responses, so I was starting to think I'd never get access back.

Eventually I came across a company called KarCrypto that helps with frozen crypto accounts. They reviewed my case, helped me prepare everything that was needed, and after they got involved the account was unlocked in about 4 days.

I know every case is different, so I'm not saying they'll be able to solve every situation. I just wanted to share what ended up working for me because I remember searching this forum for similar experiences when I was stuck.

It's nice to know that you were able to get you Bybit account back after encountering with the said "KarCrypto" company just as you claimed above. However, it's actually sad and looks suspicious that you never told us what happened and why was your Bybit account wa suspended in the first place, because I'm sure there are a lot of scammers out there who operates with this same exact format, pretending to rendering a service and then charge you to pay a fee for it. So I will like to ask again, what lead to the suspension of your Bybit account and how much did you pay the company for helping you recover your account, because I'm sure it's definitely not going to be free.... And in some way, that's when scamming comes in

[Marykeller]

But if I may ask, did the p2p trader input any phrase relating to crypto or Bitcoin in the transaction description? Because I think that has always been the common issue that has made banks suspend accounts before.

It is advisable not to label the transaction with anything related to crypto but I do not think this is the reason the bank is blocking people that are making transaction with the person. Many people are using Bybit and it will also be used by many scammers. But without any link in the OP, we do not know how true this information is. If it is true, the buyer may be linked to illegal activities.

Illegal activities that is main reason those who had p2p trade with Joropay had their bank accounts frozen.

I think Joropay is involved in illegal activities, one of which could be money that has traces of illegal payments made from kidnapping ransom and fraud.

This is the type of case that someone can spend millions on to prove their innocence if they got arrested. Those whose bank account frozen because of Joropay should do their best not to visit the bank about their frozen bank account because they can get them arrested for having something to do with Joropay paying money into their account

[Stable090]

But if I may ask, did the p2p trader input any phrase relating to crypto or Bitcoin in the transaction description?

I no sure say P2P traders Dey put anything related to bitcoin if dem fey run transaction. Dem sabi d implication of using that kind of reference now, so dem no Dey use am. I just feel say na d money wey him Dey use pay out get issue, maybe Dey don flag him account already, na why dem Dey block all d accounts wey him Dey send money to. Make people wey get that issue give am negative review, make dem contact bybit support, and make dem contact d trader also to complain about what’s happening to him.

[Abu-Naim]

My Bybit account was suspended for about two months with around $3,400 on it. I tried working with support, but honestly it didn't get me anywhere. After the first month my emails were either unanswered or I just kept getting the same generic responses, so I was starting to think I'd never get access back.

Eventually I came across a company called KarCrypto that helps with frozen crypto accounts. They reviewed my case, helped me prepare everything that was needed, and after they got involved the account was unlocked in about 4 days.

I know every case is different, so I'm not saying they'll be able to solve every situation. I just wanted to share what ended up working for me because I remember searching this forum for similar experiences when I was stuck.

Congratulations to you that your account has been unlocked, it is always sad to see that your wallet has been blocked is not easy, but the recovery pattern you claim to have used is not something I think this forum is advising others to do because they will have to ask for your details in order to be able to help you, then how are you sure that they will not go with your money? It is risky, so I will not encourage that.

The best thing is to avoid keeping such money in centralized exchange, use exchange to trade, buy and sell coins and maybe use it to convert rypto to fiat and so on, but when it comes to investment, you should always prioritize using wallet that are open source wallet; so that bet can save successfully.