Jesus, this whole thread reminds me why I don't use Reddit. Snippets from the upvoted comments include:

Exchanges undertaking mass surveillance and spying on their customers is "healthy" apparently.
Please stop trying to maintain your privacy so the rest of us can sacrifice it in peace.
Numerous variations on "nothing to fear, nothing to hide" nonsense.
Stop using non-custodial wallets and instead use a wallet which pools all your funds with other users. ()

Then one comment pointing out that centralized exchanges are antithetical to many of the fundamentals of bitcoin is downvoted until it isn't visible any more.

What an echo chamber of stupid. As I've said before in other threads, when exchanges start spying on you, invading your privacy, and arbitrarily stealing (lets call it for what it is) you coins, the sensible, logical response is not "Let's make sure I play by their rules" but rather "Why in your right mind would you continue to use such an exchange?"