Singapore’s Temasek writes down $275M investment in FTX

Singapore state investor Temasek Holdings said it would write down the value of its entire investment of $275 million in collapsed crypto currency exchange FTX, in the latest move by FTX’s investors. “In view of FTX’s financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX’s … Continue reading Singapore’s Temasek writes down $275M investment in FTX