Maybe, but I think not yet.
FTT price drop because CZ dump most of their token, while FTX aka the exchange is still good since they offer cheap fees that attract many people. But since they're increase the fees in order to not let their customers to withdraw, this could make the customers wouldn't feel confidence to use FTX again and this could make FTX lose many customers.
FTT price drop because CZ dump most of their token, while FTX aka the exchange is still good since they offer cheap fees that attract many people. But since they're increase the fees in order to not let their customers to withdraw, this could make the customers wouldn't feel confidence to use FTX again and this could make FTX lose many customers.
Or, the second Mt. Gox? 
Any centralized exchange will be end like Mt.Gox, they're just waiting their turn until there's a hacker can rob all of their hot wallet and they don't have any money left to cover the operational cost and to refund their customers.