Singaporean Firm Downgrades FTX Investment Team After $275 Million Writedown
Temasek Holdings has reduced the compensation of the team and senior management responsible for its investment in the now-bankrupt FTX cryptocurrency exchange. The amount of compensation cut was not detailed, and the move follows an internal review of the investment which resulted in a writedown of $275 million.
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Singaporean Firm Downgrades FTX Investment Team After $275 Million Writedown
Temasek Holdings has reduced the compensation of the team and senior management responsible for its investment in the now-bankrupt FTX cryptocurrency exchange. The amount of compensation cut was not detailed, and the move follows an internal review of the investment which resulted in a writedown of $275 million.