Although, your post is not too much high classed but you have tried your best and your great efforts are always highly appreciated.

Yes, the centralized exchanges are under the control of the central authority just like companies that act as governance and they can harm the users by using their assets.

These types of the exchanges are always less secure and private than decentralized exchanges because there is no any involvement of the private keys in the centralized exchanges.

So, it is always recommended to use the decentralized exchanges for your holdings. Only you have the access to the funds because only you have the private keys of the wallets.

The impact that this incident left on the mind sets of the investors is really a big question here. Many of them have lost their trust on the centralized exchanges.

This incident is a reminder of the high risks that are always associated with the volatility of the cryptocurrencies market.

Thanks a lot for sharing with us. Wishing you good luck 🤞