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BlackRock CEO Larry Fink has predicted that the majority of cryptocurrency companies will fail during his recent appearance at the New York Times DealBook Summit.
Fink also revealed that the world's largest asset manager invested $24 million into the embattled FTX exchange. BlackRock marked that sum down to zero following the collapse of the exchange.
When asked about the FTX debacle, Fink refused to speculate about whether or not BlackRock was misled by the failed crypto exchange. “Could we have been misled? Until we have more facts, I will not speculate,” he said
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Why Blackrock lost $24 million only?
While Temasek lost $274 million..
How come?
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(02-12-2022, 02:36 PM)Scythian Wrote: Why Blackrock lost $24 million only?
While Temasek lost $274 million..
How come?
Because Temasek used our cpf money (indirectly) hv super deep pockets to gamble Black Jack 21 points or 22 points burst.
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(02-12-2022, 04:16 PM)A2Z Wrote: Because Temasek used our cpf money (indirectly) hv super deep pockets to gamble Black Jack 21 points or 22 points burst.
It is a 22 point burst, that is why Temasek loses $275 million........
(This post was last modified: 02-12-2022, 04:30 PM by
debono.)
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We still don't know how many cryptocurrency companies that Temasek has invested in. Just one FTX alone already lost US$275 millions
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(02-12-2022, 04:20 PM)debono Wrote: It is a 22 point burst, that is why Temasek loses $275 million........
OMG!
Temasek bet so big in black jack?
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(02-12-2022, 04:58 PM)Scythian Wrote: OMG!
Temasek bet so big in black jack?
Perhaps Temasek has 15points, and then need to take another card and get a 7 card, therefore it is 22 points, kenna burst......
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(02-12-2022, 05:09 PM)debono Wrote: Perhaps Temasek has 15points, and then need to take another card and get a 7 card, therefore it is 22 points, kenna burst......
MDM must be jinx
![](https://i.imgur.com/CLvY2jA.png")
