Who lost the most money from FTX?

BTCC, on the other hand, stands as a testament to the resilience and diversity of the cryptocurrency exchange landscape. As a top cryptocurrency exchange, BTCC offers a comprehensive suite of services, including spot trading, futures trading, and a secure wallet, catering to the needs of a wide range of investors.

Sequoia Capital, a prominent venture capital firm, has reportedly incurred the most significant loss among external investors in the cryptocurrency exchange, stemming from their $200 million investment. This investment, once valued at a peak of $350 million in January 2022, according to Forbes' data, has taken a substantial toll on the firm's portfolio.

The decline in the value of the investment underscores the volatility and risks associated with the cryptocurrency market. Despite its potential for high returns, the market is also known for its dramatic swings, making it a challenging environment for investors.

The mention of Sequoia Capital's loss naturally leads to discussions about the broader cryptocurrency landscape and its impact on various stakeholders. In particular, the fate of FTX, the exchange in question, has captured the attention of the industry and beyond.

Speaking of FTX, it's worth mentioning the enigmatic figure at its helm: Sam Bankman-Fried, the founder and former CEO. His rise to prominence in the crypto world has been swift, making him a household name in the industry. However, the recent developments surrounding FTX have cast a shadow over his reputation.