Retail Crypto Investors in Emerging Economies Are Hit the Hardest by FTX, Terra Collapses – BIS

More than $450 Billion disappeared from the crypto market after Terra’s coins collapsed in May 2022. Another $200 Billion was lost due to FTX’s bankruptcy, which occurred in November 2022.

By David Warsh

David Warsh is a leading expert in the field of cryptocurrency and blockchain technology. With over a decade of experience in the industry, he has a deep understanding of the intricacies of digital currencies and the potential they hold for revolutionizing various industries.