To all the confused players trying to figure bypass abilities out : The bypass effect on this card DOES NOT prevent "on encounter" abilities from firing (eg Data Raven, Toll Booth). This is due to the text "currently being encountered" on the card, making it's bypass weak compared to say Inside Job. In order for the ice to "currently be encountered" the "on encounter" effects will have already fired.
Wild guess: you recently had this debate on J.net?
— HolyMackerel
Logic Bomb works this way too.
— bovinepro