Celsius(CEL), Terra(LUNA) And more recently, FTX(FTT) Crash, What Lesson Are We Being Taught?
I would add Mt.Gox to this list as one of the more serious breakdowns in the crypto world. but it is most closely related to Bitcoin, not as the stability of the currency, but the most damaged are the bitcoin holders at that time.
maybe it would be better to reformulate to decentralised vs. centralised.
And yes, I completely agree with you about trusting altcoins.