Several incidents in the current crypto world honestly make me always doubt when new steps are made whose purpose is to prevent anything bad from happening again in the future, the developers, exchange owners seem to understand how to profit in any way and what to do.
To avoid loses from collapse of platforms, the most important practice for people is using non custodial wallet. Having self-custody is very important for crypto enthusiasts and people should look at Terra, FTX collapses to more seriously use non custodial wallets.
It's their key, it's their coins.
Introduced by CZ in my opinion will also fail to protect crypto investors, and this is why crypto investors should realize how risky the crypto world is and don't believe anything as a good thing because when the time comes it will harm many parties.
CZ and Binance want to rebuild the crypto ecosystem and increase their reputation. For crypto investors, what was lost is lost forever but they can learn from their own loses and be smarter, be more carefully in future. CZ and Binance can not cover their loses by anyway.
. So who will be funding these and till what level they can mess up to recue them 
