Can Binance also get bankrupt soon?

[Marvell1]

I am more concerned about CZ's role in the collapse, which some have described as a betrayal. My only hope is that binance will not be the next target as the top exchange. After withdrawing from the exchange to aid the collapse, he now appeared to be interested in acquiring it. Several months ago, you made over 2 billion dollars on the same exchange. Due to Bankman's association with top American politics, I'm wary about revenge on the Binance as a Chinese exchange companies that seem to dominate the same industry.  

While he has a role in all of this we cannot completely blame him for what happened, SBF has taken some moves against him on the past and CZ decided to return the courtesy, the difference is that binance was a solid institution while FTX was not, so it collapsed after what CZ did, however we cannot really put too much blame on him because even if he did nothing then a collapse of the FTX exchange would have happened anyway at some point in the future.

CZ was not the one who initiated the collapse of FTX, coindesk was the first to publicize the audit report of FTX with many holes when most of the reserve assets were FTT. I don't see this as retaliation or unfair competition, if FTX had enough reserves as they claim they wouldn't have a problem with FTT being dumped. The FTX bomb is a bomb that will explode sooner or later and I feel fortunate that it is detected early, the longer it is, the more severe the consequences.
https://twitter.com/crypto/status/1595673091803226112

[2stout]

Binance seems stable but anything is possible.  I would say even more concerning is about 40% of their reserves are in its own token.  If there was ever a run on Binance token, this would be extremely ugly and make the FTX debacle look like child's play.

[fortunecrypto]

Most of the members will not agree with the topic that Binance may also get bankrupt soon but we were alll thinking the same about the second largest crypto exchange after Binance. And we all know what has happened to FTX in last few days.
What concerns me is that there are some reasons which might cause big downfall of Binance also and it will have very bad effect on crypto in general. First thing that can cause collapse of Binance is regulations. Government is doing lot of research regarding this and they can take strict actions soon against the exchange. They can impose large fines on the exchange which can cause huge imbalance in their balance sheet. Another possibility os that some scams might surface up from behind the scenes in the exchange which is completely break the trust of investors and they will all start withdrawing the funds from the exchange making it completely dead.

Changpeng Zhao and Binance will do everything they can legally to stay on top, during the pandemic he is on top of the situation when Bitcoin is crashing by issuing a statement that he will not sell his Bitcoin and now he is allocating $2 billion to companies that suffer on the FTX fiasco, he is doing this to continue to enjoy the trust of investors and traders everything depends on the trust of the community.

All exchanges are not safe from collapse even Binance, they have to do innovation, stop the abuse from bad players, and always a voice hope for the market, all exchanges are just one bad action away from collapse even if these exchanges are major players in the industry, FTX is one big example that in this industry no one is safe.