FUD and FOMOs.
Remember how hard the market fell last time with FTX issue? Even if cases are not totally the same, people would more likely associate one another because it involves funds on the exchanger which is why it won't be surprising to see a market crash but I hope it won't be too hard that the market will have a hard time to recover. Supposedly, the market should not crash because of what happened simply because it is still an allegation. It is just people tend to react easily which causes to do so.
In my opinion, the factor that caused Binance to experience a crisis was because it was too ambitious and expanded in many countries. In my country, the Binance group also opened exchanges but it seems that there are not many users. They advertise in many media such as television, newspapers, online media and many more. Of course this costs money. marketing increases.
I disagree. Scope of accessibility of an exchanger has nothing to do with issues concerning funds, as accused to Binance and the other exchanger. In fact, it is even the reason why it became the largerst exchanger, because being more accessible makes the volume larger basically.