After the $LUNA crashed and Ftx Collapse nearly 400 people committed sui,cide,
#Ftx was among the top 10 exchange in 2021, had alot of popularity but his owner was miss using the users funds and unfortunately results in Collapse.
The Terra-LUNA crash in May 2022 was triggered by the depeg of the ecosystem's stablecoin UST. It led to the unprecedented demise of a blockchain ecosystem and cost investors tens of billions of dollars.
Follow this points stay safe from scan.
Never keep your decentralized funds, in any centralized exchange.
Only keep the trade able fund on any CEX
ftx was not the first exchange that collapse you may remember mt.gox.
Storing your funds in any CEX is similar as storing it in Banks
Never Ever invest your all Capital on one crypto coz it may witness crashed.
Never bet the amount that you can't afford to lose.
If you're long term holder after buying the crypto from the Cex transfer them into your cold or hot wallets
Always investigate before submitting/investing your funds into any cex or crypto.
Never share your seed phrase with one.