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The irony is that Ukraine had "the bomb", but the US and its allies promised to protect them if they gave it up. Oops.
Since I see this claim constantly: where in the Budapest memorandum did they promise protection?
Looking at the Wikipedia summary nowhere does anyone give security assurances similar to NATO article 5 or the even stronger worded mutual defense clause article 42 TEU of the EU. The closest it comes to is in the fourth point, but that is only in the case of nuclear weapons being used. Which obviously hasn't happened yet. Beyond that it is just a promise not to attack, which Russia has broken, but every other singator has kept. And as far as I can see it does not contain anything that compells others to act on someone else's breach.
From what I understand, it primarily stems from that first stipulation, specifically from points 1 and 4 of the Helsinki Accords
(1) Sovereign equality, respect for the rights inherent in sovereignty (4) Territorial integrity of states
That said, it was very clearly done in a way that didn't actually guarantee that protection, and assuming that the Ukrainians thought otherwise is frankly an insult to their intelligence.