Viewing The Global Distribution Of FTX Clients
By Dennis Dames
https://twitter.com/whalechart/status/1595384133827854336... – about the global distribution of FTX customers as of “The Petition Date”. It was noted with great interest that one third of the FTX global customer base is stationed in two small Caribbean countries – namely: Cayman Islands, and Virgin Islands. Cayman Islands have 22% and Virgin Islands have 11% of the total FTX worldwide customer base – as of the (Bankruptcy) petition date.
Interesting, isn’t it? Take note, that China with a population of more than one billion people – accounts for 8% of FTX customer base – while India with a population of more than a billion people also, accounts for zilch percent of the FTX customer base – and the US and Great Britain together only account for 10% of FTX Base.
The following Barack Obama quote from more than a decade ago comes immediately to mind: "You've got a building in the Cayman Islands that supposedly houses 12,000 corporations. That's either the biggest building or the biggest tax scam on record."
The Cayman and Virgin Islands corporations business Links, tranactions and connections with FTX will be interesting to unravel no doubt.
Additionally, when we add the FTX customer bases of two Small Island Nations in the North Atlantic Territory – namely Bermuda with 5% and The Bahamas with 4%, we have a total of 42% of FTX customer base registered in four Small Island Nation of the world! That’s 4.2 out of 10 FTX customers; while at the same time, the following countries combined - account for 2.8 out of 10 of FTX clients: China, Hong Kong, Korea, Singapore, Taiwan, India and Japan. It’s indeed a very fascinating picture about, ‘money goes – where money lies.’