Big news about FTX, a company that traded cryptocurrency! FTX went bankrupt last year, and now it's trying to pay back the people who lost money. It's a complicated situation, but it shows how risky cryptocurrency can be.
- FTX owes a LOT of money to people in many countries.
- Some countries, like China, Ukraine, and Russia, can't get their money back right now.
- FTX is working to figure out how to pay everyone fairly.
- FTX recovered billions of dollars in assets, but there are still problems paying creditors.
| Fact | Number |
|---|---|
| Countries that can't get paid back | 26 (including China, Ukraine, Russia) |
| Percent of FTX users from China | 8% |
| Amount of money FTX hopes to distribute | $14.7 billion - $16.5 billion |
