#ETHRally The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms. 

Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about centralized decision-making without any checks.

FTX held one billion in a customer’s fund and was found to be using the customer-deposited crypto assets to mitigate its own business losses.