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Singapore’s Temasek Says FTX Investment Now Worth Nothing

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Published on Nov 17, 2022 Singapore’s Temasek Says FTX Investment Now Worth NothingAs the remains of FTX continue to circle the drain amidst a storm of cryptic tweets from the former CEO, more and more firms have taken the necessary measures to clear the air, announcing their lack of exposure to the company.
Meanwhile, certain entities who did have exposure – such as Huobi – are taking steps to try to withdraw what’s left of their assets.
Not Worth The Trouble
However, some investment giants have taken the decision to mark their investments with the exchange as a loss, regardless of the way the US government’s investigation of FTX and its related...


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