This isn't a very serious take. CZ came out of this interaction with FTX looking good, but he and Binance have had plenty of scandals and shady trails as well.

This isn't a very serious take. CZ came out of this interaction with FTX looking good, but he and Binance have had plenty of scandals and shady trails as well. Among the big exchanges, Coinbase has always been more conservative and regulation/oversight-minded. They've suffered for it in market share during bull runs, but after this kind of shake-out they end up looking much safer and more reliable than Binance. Or, Bitmex is further along in the process of rolling out proof of reserves and proof of liabilities than Binance is.