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Temasek Prepares to Write Off Up to $300M Invested in FTX: Bloomberg

Singapore's state investment fund invested $400 million in both FTX and the crypto exchange's U.S. unit.

By Jamie Crawley
Updated May 9, 2023, 4:02 a.m. Published Nov 16, 2022, 2:23 p.m.
Director of crypto investing AT Temasek, Antony Lewis. The state investment fund for Singapore, is writing off part of its investments in FTX. (Danny Nelson/CoinDesk)
Director of crypto investing AT Temasek, Antony Lewis. The state investment fund for Singapore, is writing off part of its investments in FTX. (Danny Nelson/CoinDesk)