The extent of the FTX collapse is still being counted worldwide

After the collapse of the FTX Exchange, the scope of the collateral damage is still being tracked, where several countries in the world, including South American countries such as Brazil, Colombia, Argentina and Mexico, Brazil being the nation that reports the highest traffic in the South American region, where an average of just over 130 thousand users from that territory visited the Exchange monthly, representing almost 3% of the total traffic of FTX.

Behind Brazil we find Colombia, with a monthly traffic of around 62 thousand users, a figure that attributes 1.3%, followed by Argentina with more than 56 thousand users and then Mexico with a little more than 51 thousand users, who visited FTX on a monthly basis, and who were affected after the collapse of the aforementioned Exchange.

Around 6% of the total traffic in the previous four countries, and this does not end here, other countries such as Singapore, South Korea and Japan, added up to around 16% of the total FTX traffic participation, not counting countries such as Russia, Germany, Taiwan, Turkey, India, Canada, United States, and others such as Egypt, United Kingdom, it is interesting the methodology implemented to obtain all these percentage measurements.

The methodology consisted of measuring the monthly visits made by these users in the Exchnge, this has led to have an approximate of those affected by the collapse of FTX, but the exact number of people who suffered losses is still unknown, the company itself said they could be indebted to more than one million users worldwide, as well as organizations.

As time goes by, other more accurate projections about those affected worldwide will be known, meanwhile, the cryptocurrency market continues its course, until it leaves aside this situation that made it go back some steps gained a few weeks ago, in terms of price and confidence, but I am sure that this market will return to travel again on the highway of credibility of its investors.