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.
FTX is a good lesson to not scam your people. Binance has no reason to scam, it's number one exchange, it has a huge control and influence, it makes tons of money, it has tons of reserves and especially after the down of FTX, it stands better on market.
Why should they scam? Will they generate more profit by fleeing? No! Are they in debt? No, actually have tons of reserves. I just don't think Binance owners will be able to hide and not face jail if they scam.
I'm just thinking and don't understand why it should be in their interest to flee one day. Why do you think so? How would you back it up?