Highlighted as a key example of a centralized exchange failure, demonstrating the severe counterparty risk that can result in total loss of funds for users holding assets on the platform.

Mentioned as one of the companies that went bankrupt following the Luna crash, highlighting the risk of a systemic crisis in the current crypto market.

Strongly warned against as a primary example of a 'company-backed token' whose value depended on a centralized company (FTX). Its collapse to worthlessness is presented as a high-risk warning for similar assets.