Too many regulation is equal to less decentralized though. We can't guarantee if the exchange / project founder do something stupid, but we can try our best to project our asset, rely less on the centralized exchange, until you need to sell some USDT for the fiat. otherwise I keep all of them in my own wallet.
During the FTX incident, I was suffering lost on the token prices dropped, but I nearly chase back all the lost months later. So ended up it didn't affect me too much.
It is a learning curve by mentioning FTX. I don't remember using it a bit. If you treat them like a risky bank, definitely you just pass by and move on.
I didn't use the FTX backward, actually I only heard about it after the scandal of it. So I was lucky