We don't know if they can cover it. All we know is a statement from their CEO. Can we trust that? Suppose that ByBit couldn't cover the loss, and the CEO would

We don't know if they can cover it. All we know is a statement from their CEO. Can we trust that? Suppose that ByBit couldn't cover the loss, and the CEO would honestly inform the world about it. What would happen? The crypto-equivalent of a bank run. So he would never say that.