FTX just dropped a bomb bigger than their original collapse.

Turns out that if you're from one of 163 countries, you might just have to stay REKT – no silver lining for you.

And by countries, we mean massive markets like Russia, China, basically all of Africa, and… well, almost everywhere else.

The "Lucky" Ones

FTX started paying back the small fish on February 18th, meaning if you had less than $50k stuck there, you're getting full repayment plus 9% interest.

Now, that’s on the face value of your crypto at the time of the collapse, so you’ll be missing those sweet, sweet upside gains of the past year. 

But hey, it beats your passport being from the “wrong” country – if that’s the case, you’re out of luck completely. 

Sunil Kavuri just leaked the list of countries getting left on read, and it includes Russia, China, Egypt, Nigeria, and Ukraine - basically half the crypto trading world.

FTX is "reviewing their options" (code for "good luck with that"), and folks are less than stoked about feeling like they’ve been rugged twice by SBF and friends. 

The Next Hopium Drop

Mark your calendars for May 30th if you're still eligible because that's when the whale claims and vendor invoices get settled.

And you’d better verify your claim by April 11th, or you're joining the geographical restriction gang.

Meanwhile, our boy Sam's parents are trying to speedrun a Trump pardon – and boy, it looks like that entire family did a complete 180 on his politics faster than LUNA's price chart.

Now he's saying Republicans "get crypto" after spending years simping for Democrats and essentially laundering their dirty laundry (but hey, let’s not throw out allegations as hard as founders like SBF throw out claims of “Funds are safe.”) 

Made Whole, Or Hole Made?

FTX is basically saying "sorry, not sorry" to most of the world, and this bankruptcy keeps getting messier by the month.

Somewhere, Do Kwon might be feeling like he doesn't have it so bad… maybe.

Half the crypto world just learned they're not getting their money back, and the other half is learning about jurisdiction risks the hard way.

And all the while, SBF is trying to trade his way out of this one by playing party politics – some things never change.