Bybit CEO Ben Zhou says exchanges should assume hacks will happen

The remarks follow Bybit's February 2025 hack, in which roughly $1.5 billion in ether was stolen in what remains the largest crypto exploit on record. Zhou's stance signals a shift toward treating breaches as inevitable rather than exceptional, putting incident response and asset recovery planning on par with prevention. Exchanges' handling of future incidents, and whether insurers, auditors and regulators adopt the same baseline, will be the key test of that approach.