The series has not been dropped.

Thanks for the confirmation. Any comment on when new updates may be released?

I'm not sure if it's different for scanlations, but the rule for novel fan translations is that after three months with no updates, it's acceptable for another translator to pick up a series.

Since it looks like the translator has dropped this novel, hopefully another group will pick it up.

Someone made a pickup request thread of this on Novel Updates: https://forum.novelupdates.com/threads/please-bully-me-miss-villainess-gl.143614/ so maybe it will get picked up if enough people request it.