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3232Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX
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Fri, 18 Nov 2022 05:00:57 +0000https://www.digit.info/2022/11/18/singapore-governments-temasek-writes-down-275m-investment-in-collapsed-crypto-exchange-ftx/Read more]]>Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s Investments in FTX Now Worth $0 The Singapore government’s Temasek Holdings issued a statement […]
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s Investments in FTX Now Worth $0 The Singapore government’s Temasek Holdings issued a statement […]