Crypto is dominated by centralized exchanges, recommending anyone of them for you is like putting you inside a tiger cage and locking the key because they cannot be trusted, one day you will lose access to your fund, and no one would pray for such kind of thing,
We have been warned not to entrust the holding of assets to any exchange because there will be risks in the future, what has happened with Binance.us has proven that threats will come from any side, especially the SEC which has the authority to monitor or even sue centralized exchanges.
they are demanding the court to give them the order to seize the fund under Binance.US custody until all investigations are done, they are trying to seize users fund that belongs to customers which is a very bad move.
I'm updating the news on today's developments, the court postponed the decision to freeze US funds but due to the agreement that the two have agreed to, I think the Binance team will fight for everything to protect customer funds, so let's hope for the best and hope the problem is resolved without harming anyone.