If you wish to prevent anyone from seeing IP addresses in postbits except for admins, then create the following plugin:
Product: vBulletin
Hook Location: postbit_display_complete
Title: Hide Post IP Addresses From All Except Admins
Execution Order: 5
Plugin PHP Code:
PHP Code:
if (!is_member_of($vbulletin->userinfo, 6))
{
$post['iplogged'] = '';
}
Plugin is Active: Yes
Click "Save".