Yeah and it is of course legit but in that situation they can not do a lot as it is not a company what has any relationship except listing USD - like I said all larger exchanges worldwide are anyway long time in communications with various officials. Finex earned a few m USD / day the last year nearly what can be easy calculated so in fact that company was never such well positioned & capitalized as now.
I would be more concered of Coinbase and Bitpay (so all US based nobody I know would ever use as non-US based human) as nobody know till today what is even with that dead hot-wallets from them + multiple other stuff - lol.
But you are right.... time will tell anyway :)
IMHO storing coins on an exchange is always a bad idea - except the % you can lose, thats nothing new. And buying steem on top is in my eyes the worst - I drive with my HODL strategy perfect since 2012. ^^