Rating of countries most affected by the collapse of the FTX cryptocurrency exchange published

Cryptocurrency analysts CoinGecko have published a ranking of 30 countries that have suffered the most from the bankruptcy of the FTX exchange — Ukraine is in 22nd place. Significant losses were recorded among users of Asian countries, whose cryptocurrency markets accounted for a large share of traffic on Сем Бенкман-Фрід" href="https://noworries.media/biography/sem-benkman-frid/" data-bio-id="3697">Sam Bankman-Fried's platform.

South Korea took the first place, with a traffic share of 6.1% - an average of 297,229 unique users visited the exchange’s website every month. The consequences of the FTX collapse prompted South Korean government officials to develop a Digital Assets Act that will contain a comprehensive regulatory framework for the crypto sphere.

The second most affected country was Singapore, which accounted for 5% of traffic — 241,675 unique FTX users per month. Japan is in third place with 4.6% of traffic (223,513 unique users per month).

As for Ukraine, last week, journalists of the American publication Gateway Pundit, which has repeatedly published fake information, accused our country of involvement in FTX. Representatives of Gateway Pundit stated that tens of billions of dollars in cryptocurrency coming into Ukraine were allegedly laundered through FTX for representatives of the US Democratic Party. According to Oleksandr Borniakov, Deputy Minister of Digital Transformation for IT Development, the Ukrainian cryptocurrency fund Aid For Ukraine has cooperated with the FTX exchange before. The platform helped Aid For Ukraine convert cryptocurrency donations into fiat currency, and the money was transferred to the National Bank of Ukraine. That was the end of the cooperation. «The Ukrainian government has never invested in the FTX exchange. The narrative that Ukraine allegedly invested in FTX, which donated money to the Democrats, is outright nonsense,» Borniakov emphasized.

It should be emphasized that it may take decades to recover the funds lost by clients of a bankrupt exchange, said insolvency attorney and partner at Co Cordis Stephen Erell. Lawyers advise investors with significant losses to unite with «other affected parties» and act together. The number of customers to whom the FTX cryptocurrency exchange owes money may be more than a million, not 100,000, as previously reported. Also, according to a Reuters article published on November 20, the exchange owes its 50 largest creditors «nearly $ 3.1 billion».