You are conflating two things but they are not the same. FTX (The entity) going bust and losing all customer funds and you buying a shitcoin and losing your fu

You are conflating two things but they are not the same. FTX (The entity) going bust and losing all customer funds and you buying a shitcoin and losing your funds. One is FTX's fault, one is yours. If you are using a DEX, you understand that anyone can add their token to the list if they have enough liquidity.