I still dont get it why you would trust em with all of ur coins. There were so many numerous examples that showed that it should be taken with a grain of salt.... especially platforms/exchanges that were very established -> see FTX.
For some its simply because of greed and they are willing risk it all for a couple of %, even though they are aware of the risk. Then there are those that don't want any responsibility when to comes to storing crypto and will rather chose someone else to do it for them. I mentioned before that I know a guy (friend of a friend) who is an old school stock trader so naturally he wanted to profit from bitcoin too but instead buying it by himself and storing it in his wallet he rather invested via Grayscale. I naturally asked him why he doesn't want to own his own Bitcoin, he said that he just doesn't that responsibility.
If bitcointalk is the only place where you communicate with people that are into crypto you may get impression that's how it is in the rest of crypto community while in reality vast majority don't really care about being your own bank and the rest of the things that Bitcoin is all about, therefore such situations like the one with FTX.
The news article came after this.
And that matters how exactly?