FTX's downfall is indeed still a quite dire scourge as well as a warning alert for other exchanges because no matter how good it is, sometimes when we don't know what the depth is, it's also very difficult.
But talking about Binance there is a slight difference it seems and indeed they are still going to be on top now but we also can't say that this will also be free of suspicion because vigilance still has to be exercised now especially after some of the events that have happened right now.
That certainly has a huge impact on the industry but I know people know how to assess exchanges if they can be trusted or not. Despite the situation, traders are not leaving CEX (like Binance) because they believe that this is just an isolated case. But yes, this issue could lead to some worries in the later part that one day there is another scam story happening again, and the more they are careful about their money and gives them a lesson for not leaving their funds in the exchanges even if it was reputable.