The truth remains Bitcoin and crytocurrencies in general will someday all be regulated by Gov., or investors are likely to see there money disappear in a flash.
This only applies for those traders that is too dumb to store their asset on a centralized exchange such as FTX. Besides, FTX already have a lot of negative news starting from CZ statement that he will sold all of his FTT holdings while most of the people with trapped funds there doesn’t care and keep holding tokens on exchange.
This kind of danger will simply be avoided if trader will never leave their asset on exchange for a long time and use non custodial wallet to store their assets. Regulation is inevitable but don’t rely too much on it for your own asset protection because you will still suffer losses once exchange file bankruptcy since only part of the original money will be covered by the insurance.