According to the three AI assistants interviewed, a disorderly Binance bankruptcy would cause a major liquidity and confidence shock, potentially more severe than FTX’s collapse in 2022. ChatGPT estimates that Bitcoin could fall by 30% to 50%, while some altcoins could lose up to 80% and BNB up to 95%. Gemini projects a roughly 65% decline for Bitcoin and a drop of up to 90% for leading altcoins, citing institutional adoption as a factor of support. Cryptocurrencies and assets held on the platform could remain frozen for years while claims are resolved. Surviving exchanges would gain activity, while independent custody and trading arrangements that do not require full deposits would become more attractive.
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