Asia Sentinel

Asia Sentinel

Business/Economy

Singapore’s Temasek Looks for Answers in FTX Collapse

Deputy prime minister says sovereign fund’s reputation damaged

Dec 04, 2022
∙ Paid
By: Toh Han Shih

The collapse of FTX, once the world’s third largest crypto exchange worth more than US$30 billion, continues to reverberate in Singapore and the US. Temasek, the Singapore sovereign wealth fund, is conducting an internal review on the failure of its investment in FTX, while in the US, there are calls for further investigations of the col…

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