Despite the hack, Bybit is still running their exchange perfectly okay and no user complained that they lost their asset because of the hack. Do I still use bybit exchange? Yes I do and that the exchange has been serving me well but I don't keep my coins on the exchange, keeping your coins in a centralized exchange is at your own risk, it's either the exchange gets hacked or your own gets hacked.
Its fully fund from exchange hack not user fund because Bybit keep running well without have withdrawing problem for all user, if exchange keep running well maybe they have bigger back up fund than fund have been stolen and Bybit keep operation such as usually until right now. However keep 100% of cryptocurrency assets in exchange wallet not guarantee secure learning from FTX exchange bankrupt last two years ago without refund to their user.
I don't see any reason why they cant proof on such, because they were actually hacked, but what of the government that now seized on innocent peoples fund and fail to do the needful in making refund back to Bybit, are they helping the situation or making it get more worse, if we could remember that US has been always found doing the same, taking hold on seized coins and they don't return back to the exchange and then each affected users get refunded, can we even proof that governments are not behind some of these hacks?
Lets see few weeks later what happen with 38 million dollar seized by German government will refund to Bybit exchange or become Germany's government assets although its not all Bybit fund. In this cases, usually US and Germany government never return back the seized cryptocurrency assets and taking hold the seized assets before selling such as last year ago Germany government sold 50k bitcoin.