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Singapore’s state-owned investor Temasek has written down entire $275 mn investment in FTX

Singapore’s state-owned investor Temasek has written down entire $275 mn investment in FTX

Singapore’s state-owned investor Temasek manages circa USD300bn.

  • Has decided to write down its entire $275 million investment in FTX.
  • Says that its belief in Sam Bankman-Fried was likely “misplaced"

Misplaced. Yeah, I think so. Temasek is not alone in this though.

How long does it take for charges to be laid against SBF? What's the delay?

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While we're here, Bitcoin update:

This article was written by Eamonn Sheridan... Read More
Posted: Nov 17 2022, 01:40
Author Name: forexlive
Views: 112597

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