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 story : Temasek writing off FTX investment: Bloomberg #FinanceUSA #StockMarketNEWS Singapore sovereign wealth fund Temasek International is preparing to write off the value of its entire investment in bankrupt

@stockMarketNEWS 23 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Temasek writing off FTX investment: Bloomberg #FinanceUSA #StockMarketNEWS
Singapore sovereign wealth fund Temasek International is preparing to write off the value of its entire investment in bankrupt cryptocurrency company FTX, Bloomberg reported Wednesday, citing people familiar with the situation. Temasek invested between 0 million and 0 million into FTX, the report said. Last week, Sequoia said it wrote down the 4 million it invested in FTX to zero. Softbank Group said it invested 0 million in FTX.


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