Bybit has given some Brazilian business users until Aug. 21 to complete additional verification. Accounts that miss a requested update will first face access restrictions, then, from Sept. 21, could have remaining positions on restricted products forcibly liquidated at market prices and unsupported fiat balances converted to USDT.
The deadline applies only to business users who received a request to supplement existing Business Verification information, according to Bybit’s notice.
Bybit began sending those requests in-app and by email from Aug. 1. Recipients must follow the deadline in their individual notification and finish no later than Aug. 21 unless the company specifies otherwise. The public notice does not give a cutoff hour,…