These are really strange laws!! Companies file bankruptcy to protect themselves!!! Well who protects users then?
Users should protect themselves by not giving custody of their own coins and stop treating centralized crypto platforms as banks because they simply aren't. Maybe this might wake up some of the people who bleat on about Coinbase or Binance being safe because they are large exchanges. Well, DCG is huge, and currently two of its subsidiaries are on the brink of collapse.
Certain percentage probably removed their money after everything that has happened in the recent period, but majority will just continue business as usual. I know people who lost money on both Celsius and FTX and they still are still staking significant amount of money on Binance, being absolutely sure that Binance is safe and nothing will happen. When I asked them can they be really sure that same thing won't happen with Binance, they told me that even if something happens to Binance, prices will go down so much that it won't matter anyway. 
And those people are not newbies at all.