If you wanted those kinds of banking protections, then you should have used a currency system that has those protections. Bitcoin is "easy" because it is unregulated, but the flip side of that is that you the consumer get no protection, and you shouldn't expect any.

This is pretty twisted. FTX can claim it made customers whole by benefiting from exactly the speculative gains that it prevented its customers from getting.

It’s certainly immoral but it’s the risk you take investing in an unregulated market. There are regulations to prevent exactly this when you invest in stocks or put your US dollars into a bank account.