Who lost the most money in FTX scandal?

In the midst of the FTX scandal, who exactly emerged as the biggest loser in terms of financial losses? Was it the individual investors who trusted the platform with their hard-earned savings, or was it the institutional investors who had invested millions, even billions, of dollars? Did the founders and executives of FTX themselves suffer significant losses, or were they able to shield their assets from the fallout? The details of the scandal are still unfolding, but one thing is clear: many parties involved are facing significant financial losses. It remains to be seen who will ultimately bear the heaviest burden.