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FTX bankrupt

Temasek turns into newest backer to write down down $275 mn funding in crypto alternate FTX

admin Nov 17, 2022

Singapore state investor Temasek Holdings stated it will write down the worth of its complete funding of $275 million in collapsed cryptocurrency alternate FTX, within the newest transfer by FTX's buyers. "In view of FTX's monetary…

Shopper funds value no less than $1 billion lacking at failed crypto agency FTX

admin Nov 14, 2022

At the very least $1 billion of buyer funds have vanished from collapsed crypto trade FTX, in keeping with two individuals conversant in the matter. The trade's founder Sam Bankman-Fried secretly transferred $10 billion of buyer funds…