BYBIT-2025

Bybit 2025 incident

Venue/custody. Holdout set.

RESEARCH · SIMULATION · NOT INVESTMENT PERFORMANCE · NOT INVESTABLE · £0 REAL CAPITAL · PAPER

HINDSIGHT BARRIER — No information published after this simulated timestamp may influence this decision.

Occurred (recorded): 21 FEB 2025 02:00 SAST

First public evidence (recorded): 21 FEB 2025 02:00 SAST

Verification: CORROBORATED

Split: HOLDOUT

Exchange security incident reported in February 2025.

Holdout. Dates follow widely reported public coverage; details remain secondary-sourced here.

What was known — evidence timeline

Published	Source type	Verification	Summary
21 FEB 2025 02:00 SAST	SECONDARY_REPORTING	CORROBORATED	Bybit reported a major security incident in February 2025.

Sources

Bybit — Wikipedia · SECONDARY_REPORTING

T-minus (deterministic rules, all four models share the evidence gate)

T	Barrier	Known items	State	Action
T-180	25 AUG 2024 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-90	23 NOV 2024 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-30	22 JAN 2025 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-7	14 FEB 2025 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-1	20 FEB 2025 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T0	21 FEB 2025 02:00 SAST	1	WATCH	WATCH

Price-only drawdowns remain NO_ACTION. Structural corroborated events may reach WATCH/ISOLATE. This is not a claim that Duplios operated a live desk at the time.