The worth of taking risks depends upon the value of money you want to store, trade whatever transactional activity you want to do. Centralized exchanges have their own benefits but it comes with the cost of anonymity and you will be lost the custody of your assets on those platforms. I used Binance and to be honest till now none of my trades or p2p transaction made me any trouble but a few days back there was a case in our country well it was a case of corruption and our authorities ask finance to get details of scammers transactional data. But Binance did not support our authorities. Some said they did but. I say if they did then why our authorities were unable to get that stolen money back?

Overall, getting information about customers from centralized exchanges is also not that easy you got to have great resources and links to higher people. Let's say you have links to them and are able to get data then I don't think CEXs will allow this. I am not promoting them or advising you to use them just sharing my experience hoping to give you an idea of how CEXs work even if they are centralized your information is safe with them but still there exists the risk.

Talking about ftx exchange, after its bankruptcy no doubt all withdrawals were on halt and people were unable to withdraw or deposit money but after a few weeks people started to withdraw their assets here is the post I shared before about how people of Japan were able to withdraw their assets from FTX. So yes Centralized crypto exchanges that care customers over governments, do care about users money.