How big is the FTX collapse?

How vast is the fallout from the FTX debacle? The once-mighty crypto exchange has crumbled, leaving investors, traders, and the entire cryptocurrency community reeling from the shockwaves. Can you quantify the magnitude of this collapse? Has the damage been confined to the crypto sphere, or has it spilled over into traditional finance as well? What kind of ripple effects are we seeing across the globe? And most importantly, what lessons can we learn from this catastrophic event to prevent similar disasters in the future?