Temasek's investment in the now-bankrupt FTX cryptocurrency exchange led to a writedown of $275 million in 2022, drawing much local criticism.

Temasek's investment in the now-bankrupt FTX cryptocurrency exchange led to a writedown of $275 million in 2022, drawing much local criticism.

Temasek Holdings, Singapore's $521 billion sovereign wealth fund, continues to avoid direct crypto investments four years after writing off $275 million in