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Singapore Parliament to Discuss Temasek’s Investment in FTX

Temasek’s investment in collapsed cryptocurrency exchange FTX will be discussed at the next Parliament sitting, which starts on Monday (Nov 28).

Earlier this month, the state investment firm said it would write down its US$275 million investment in FTX, irrespective of the outcome of the cryptocurrency exchange’s bankruptcy protection filing.

More than 15 questions were raised by Members of Parliament (MPs) about Temasek’s investments and about FTX’s collapse.

FTX Singapore
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