The Singapore state-owned investment firm Temasek Holdings has decided to write down its investment of $275 million in the collapsed crypto exchange FTX. It said that its belief in SBF was misplaced.
Singapore state-owned Temasek Holdings has announced its plans to write down its entire investment in the bankrupted crypto exchange FTX. The investment firm says that its belief in founder Sam Bankman-Fried (SBF) has been „misplaced“.
