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I'm quite concerned about the current situation with Binance. As a crypto enthusiast and investor, I've been hearing rumors about its potential collapse. What would happen if Binance really folded? Would it mean a total loss of my investments? Or is there a chance for recovery? How would such an event affect the entire crypto market? Would other exchanges also be impacted? What measures can investors take to minimize their losses in such a scenario? I'm really looking for some insights and advice from someone who knows the industry well.
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