I disagree because it is not only binary that is currently holding the IEO, so I feel that worry is excessive.
Lol...but do you know that Binance was a main starter of IEOs and you should understand the OP in the sense that, Binance has over 500K to about 1M+ active real users and so they can consciously or subconsciously influence your choice as a crypto man if only you're there.
In as much as I agree with your submission , I also think that it's other Cryptocurrency exchanges that are giving binance the stage to be acting out it's monopolistic tendencies.
That's it..they say in the land of the blind, a one-eyed man is the king. If other exchanges aren't ready ti put something challenging and competitive, Binance will reign for more time and exhibit "unnecessary" monopoly indeed.
Anyway i believe CZ is playing some "catch me if you can" tricks with both crypto community and regulators and it's risky as OP said. We all however should be vigilante and be careful... CZ is a businessman and he's doing his business in anyway he can. We as customers however have to be very careful