Singapore's Temasek launches internal review of FTX deal
Temasek Holdings has launched an internal review into the circumstances that led to its investment in collapsed cryptocurrency exchange FTX, but Singapore’s deputy prime minister refused to criticise the organisation’s governance structures.
Answering questions in parliament, Lawrence Wong admitted that the rapid and inglorious demise of FTX has damaged Temasek’s reputation in addition to causing financial loss. He noted that the government-controlled...
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