BLOW UP: Ontario Teachers and Temasek Are Investors in Sam Bankman-Fried’s FTX
Posted on 11/10/2022
Singapore’s Temasek Holdings and the Ontario Teachers Pension Plan are shareholders of the troubled cryptocurrency exchange business FTX. Temasek invested in a series of FTX’s round fundings that led to the exchange’s US$ 32 billion valuation in January 2022. Temasek participated in FTX’s Series B, Series B extension, and Series C funding rounds, when the…