I was thinking that FTX was a complete disaster and it made a very bad Impact on crypto industry too. As I personally believe Binance more than any exchange and that case might be with you. So I was saying that If Binance flee away like FTX than what will happen. As Binance currently holds more than 60 billions of dollars and that's to much money. And I cannot believe if all money might gone than Bitcoin might come to 10000 dollars. Let's hope for good and what are your thoughts in this.
I believe that Binance won't become like FTX anytime soon because it is the most trustworthy platform for many users. I am aware that news reporters and some governments are taking steps to control the rapid growth of Binance, but that does not imply that Binance will mistreat its users like FTX did. The thought of Binance shutting down is unimaginable for me.
Unfortunately, if that ever occurs, then the crypto industry will lose many users, and millions will abandon cryptos entirely. The value of Bitcoin and other cryptocurrencies will decline significantly. Binance currently holds the top position as the exchange platform for crypto users. In case of any such disaster in the future, the crypto world will undergo significant changes.