Quoteworthy: "Had I been a bit more concentrated on what I was doing, I would have been able to be more thorough." — FTX founder and former CEO Sam Bankman-Fried on failing to notice signs of trouble that caused the exchange to go bankrupt.
Temasek says it has no direct exposure in cryptocurrencies following FTX writedown
Following news that Temasek Holdings will write down over US$200 million ($274 million) into cryptocurrency firm FTX before its implosion, Singapore’s state investment agency stated on Nov 17, explaining its decision to put money into the crypto firm.