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3232Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX
https://www.digit.info/singapore-governments-temasek-writes-down-275m-investment-in-collapsed-crypto-exchange-ftx/
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 […]
]]>Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
https://www.digit.info/report-singapores-state-investor-temasek-is-engaging-with-embattled-crypto-exchange-ftx/
Thu, 10 Nov 2022 00:30:03 +0000https://www.digit.info/2022/11/10/report-singapores-state-investor-temasek-is-engaging-with-embattled-crypto-exchange-ftx/Read more]]>According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]