You are right. Investors are being affected significantly by the sudden collapse of the cryptocurrency market, also, in particular, a company connected to a notable crypto exchange. As mentioned in Coinpedia News Article, Businessman and cryptocurrency investor Evan Luthra lost $2 million as a result of the whole FTX debacle.
He claims that he made the wrong decision of trusting somebody such as FTX and giving them his bitcoin, giving them his crypto so that they could give him IOUs. It is a very big lesson for me, and a very big lesson for everybody, he added.