Bybit CEO Ben Zhou says exchanges should assume hacks will happen
Photo: Crypto Briefing
The executive whose exchange absorbed an approximately $1.5 billion theft argues survival depends on layered defenses, not perfect ones Bybit CEO Ben Zhou has a blunt message for his fellow exchange operators: stop planning around the idea that you won’t get hacked. Zhou said exchanges should treat attacks as a given and build multiple layers of protection, so that when something breaks, the damage stays contained and the business survives. On October 20, 2026, Zhou said exchanges must assume attacks will definitely occur. He said they need to construct protections built specifically to keep customer assets safe.
Source: Crypto Briefing
