Temasek Writes Down its Full $275M FTX Investment to $0.
Temasek Holdings, a Singaporean state investor, said that it will write off the whole value of its $275 million stake in the collapsed crypto exchange FTX.
Temasek Holdings, a Singaporean state investor, said that it will write off the whole value of its $275 million stake in the collapsed crypto exchange FTX.
Sequoia Capital, a venture capital company, revealed in a letter on November 10 that it has reduced the value of their $213.5 million investments in FTX to $0.