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Full Version: Temasek invested >$200 million USD into failed crypto platform FTX!!!!!!
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https://www.businesstimes.com.sg/garage/...ce-bailout

Temasek is engaging with FTX after potential Binance bailout

SINGAPORE state investor Temasek said it is in talks with crypto exchange FTX, after looming insolvency led to a potential bailout from rival Binance.

“We are aware of the developments between FTX and Binance, and are engaging FTX in our capacity as a shareholder,” said a Temasek spokesperson.

FTX, the world’s third largest crypto exchange, is said to be facing a liquidity crunch. It has frozen user withdrawals and signed a non-binding letter of intent with Binance for a full acquisition on Nov 8. Temasek invested in the Series B and Series C funding rounds of FTX, which raised US$900 million and US$400 million respectively.
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Ho Ching steps down on 1 Oct 2021
61% of sinkies voted for the pap to anyhow gamble away our money
Don't worry. GST can get back more.
engaging with FTX?
lol
engaging? f'ker hyflux investors also engaging but no use. hahahaha (sad bitter laugh).
(12-11-2022, 02:04 PM)cityhantam Wrote: [ -> ]https://www.businesstimes.com.sg/garage/...ce-bailout

Temasek is engaging with FTX after potential Binance bailout

SINGAPORE state investor Temasek said it is in talks with crypto exchange FTX, after looming insolvency led to a potential bailout from rival Binance.

“We are aware of the developments between FTX and Binance, and are engaging FTX in our capacity as a shareholder,” said a Temasek spokesperson.

FTX, the world’s third largest crypto exchange, is said to be facing a liquidity crunch. It has frozen user withdrawals and signed a non-binding letter of intent with Binance for a full acquisition on Nov 8. Temasek invested in the Series B and Series C funding rounds of FTX, which raised US$900 million and US$400 million respectively.


How did papies treat Binance & Binance.sg, for the sake to lick Uncle Sam? lol

Karma is coming.
jink hole very quiet ah?
What to do with this CECA now?

(10-11-2022, 09:07 PM)Leongsam Wrote: [ -> ][Image: z7PtRrZ.png]

https://shrtco.de/j7QnMM
Cut throat biz among those crypto bosses. If BBs in sgx want to accumulate or distribute they will do it unannounced. Sneaky CZ! Bet China super happy that his Chinaman cd bring down Americano. Has USA China war move to crypto world?
(12-11-2022, 06:20 PM)wendychan Wrote: [ -> ]engaging with FTX?
lol

I also arm-chioed at this. What is there left to engage?
(12-11-2022, 06:49 PM)WhatDoYouThink! Wrote: [ -> ]jink hole very quiet ah?

She busy kpkbing elon musk lah