Who, exactly, bore the brunt of the financial losses in the catastrophic FTX collapse? Were they individual investors who had placed their trust and savings in the platform? Or were they institutional investors, with their deep pockets and sophisticated strategies, who suffered the heaviest blow? Did the losses extend beyond just financial investors, to include employees and partners of the exchange itself? And how did the distribution of these losses compare to previous crypto failures, if at all? It's a question that demands urgent answers, as the
Ripple effects of the FTX collapse continue to be felt across the industry.