If you press Park or shift to reverse and you're going faster than 6 mph the Prius will beep and go to Neutral--no muss, no damage. You can also hold the shifter to the N position for several seconds and it will go into Neutral--but me, I'd use one of the first two because they act instantly.
If you press the Power button and hold it down for several seconds, the Prius will go to ACC mode. Engine will be off, brake power assist will be on, traction battery will be disconnected.
The Prius is about the safest car out there. The latest "incident" sounds more like someone trying to avoid a speeding ticket rather than a car problem.
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