Why do people always think this, the ones making the industry alive is you and me and not the centralized platforms that cares nothing about the industry but only wants to enriched themselves. I bet people would had thought FTX gives a fuck about them too (the customers) but what they didn't realize was that FTX was just making use of their money to enriched themselves. Reports just came out that FTX wasn't selling any real Bitcoin to their customers and I won't be surprised if that's what is happening in other centralized exchange as well.

This guys are just displaying virtual representation of coins which is why when there's a massive withdrawal pressure, they paused withdrawals as they don't have the liquidity they claim to have. No centralized service providers should be trusted irrespective of how genuine you think they're. Binance is one of the worst and should be approached (used) with caution that's if you aren't comfortable with other alternative because when Binance will collapses, the impact will be more catastrophic than FTX was.