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.
We should remember that Binance is only a centralized exchange whose journey started in 2017.and the crypto industry has been around for a long time. So since the crypto industry was running before Binance, even if Binance collapses, the crypto industry will continue at its own pace. But being a giant exchanger, if it collapses, there will definitely be an impact on the crypto market, which was noticeable after the FTX crash.
Recently there has been news of some complications with Binance, but I don't think it will cause the entire Binance to collapse. But if something like this ever happens in the near future then maybe many projects will be lost from us and many people will face losses and the market will draw back a little then after a certain period the market will go to its own place and someone else may occupy the place of Binance.