Singapore’s state-owned investor Temasek has written down entire $275 mn investment in FTX

Singapore’s state-owned investor Temasek manages circa USD300bn.

• Has decided to write down its entire $275 million investment in FTX.
• Says that its belief in Sam Bankman-Fried was likely “misplaced”

Misplaced. Yeah, I think so. Temasek is not alone in this though.

How long does it take for charges to be laid against SBF? What’s the delay?

—-

While we’re here, Bitcoin update: