The crash exposed an $8 billion hole in FTX's accounts, leaving investors and customers scrambling to recoup their funds. :
The collapse of Sam Bankman-Fried's FTX crypto empire was not only felt by those deep in the crypto community — some big-name entrepreneurs and celebrities lost a lot of money, too. Although SBF allegedly led investors to believe he could bring them high returns with little risk, more than a million people may have been affected by the collapse, and big-spending-crypto-newbies quickly found out that trading crypto isn't for the faint of heart.