Is Bybit legit in the US?

I'm curious about the legitimacy of Bybit in the United States. Can you provide some clarity on whether or not Bybit is a reputable and legal platform for cryptocurrency trading within the US? It's important for me to ensure that I'm using a trustworthy exchange that complies with all necessary regulations and laws. Could you elaborate on any potential legal or regulatory concerns that I should be aware of when considering Bybit as an option for trading cryptocurrencies in the US?