Korea, Singapore, Japan biggest users of FTX pre-collapse, says CoinGecko

Nov 21,2022
KingData News: Cryptocurrency investors in Korea, Singapore and Japan were the biggest users of the now bankrupt FTX.com exchange based on the number of monthly unique visitors from January to October 2022, according to a report by crypto pricing and analytics service CoinGecko. The three Asian countries had a combined 15.7% of FTX’s total traffic in the period, with South Korea having the highest 6.1% representing 297,229 unique monthly users, CoinGecko data shows. Singapore was the runner-up with 241,675 monthly average unique users or 5% of the traffic on FTX.com. Japan was third with 4.6% making up 223,513 monthly users.
A financial document disclosed in the media indicates that SBF's Alameda Research has a capital debt situation, with nearly half of its holdings related to FTT and Solana. On November 6, 2022, CZ stated that due to recent revelations, Binance will sell all FTT on its books. This indicator broadcasts updates on FTX-related events.