Your this post is the reflection of the best knowledge thay you have regarding the whole incident of the crash of the FTX exchange.

You are very right that the bankruptcy of the popular exchange platforms just like FTX exchange can lead to the misunderstanding among the investors in the crypto space.

The FTT coin has plummeted to almost nothing, and I don't think it will ever recover. With Binance being the biggest exchange so far, still, I don't think I can give more credibility to FTX.

I think you are right to a large extent that a popular exchange like Binance can also not recover the loss of the FTT tokens and the main reason behind its huge loss is the high leveraged trades that are always seen on the FTX exchange platform.

I wish you a very good luck for the contest and thanks for sharing your precious information with us.