Well I will tell the Malaysian Ex-Bybit users, welcome to the club. Nigeria about last year kicked out Binance exchange out of Nigeria and we were faced with the same situation.
That's the only solution for them because there nothing they can do about it since there government has already taking the action, though at the beginning they will find it very uneasy for them but with time it will be nothing for them because when it happens to Nigeria all the people who depend on that exchange was sad but after sometime everything became normal again because there were are other places people can go, so perhaps Malaysian will also meet other exchanges that's allowed within them and start using it but meanwhile removing there money from the exchange in question should be given full attention because there money could be as take if they don't meet the date.