If your exchange has this clause
The Service does not bear responsibility for losses incurred by vulnerability or any kind of failure of software (nodes, wallets) used by the third parties, or glitch in the software (nodes, wallets), provided by the third parties, as well as failure of blockchains or any other technical problems specific of Cryptocurrencies traded at the Platform. The Service is not liable for damages due to late report from cryptocurrency developers or representatives (or no report at all) of any issues with cryptocurrency including all sorts of forks, node technical issues or any other issues potentially resulting in fund losses.
And a coin you offer on the exchange has this in their license (monero)
IN NO EVENT SHALL THE COPYRIGHT HOLDER OR CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT [...] DAMAGES (INCLUDING, BUT NOT LIMITED TO, [...] LOSS OF USE, DATA, OR PROFITS [...]) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY [...] INCLUDING NEGLIGENCE OR OTHERWISE [...] ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE
There needs to be a little more to inform traders that if anything happens it falls completely on their own shoulders. You cant just shrug it off and say "well it's in the ToS". This information needs to be clear to the trader or else you're going to run into these public discussions where your exchange practices are scrutinized.
FWIW I personally don't think the word scam fits here, shady and untrustworthy are better descriptors and are why I still support this flag and if it weren't the Flag2 a Flag1 would be fully justified to warn newbies/guests.