The sovereign wealth fund of Singapore has cut the pay of the staff who were behind its ill-fated $275 million investment in FTX.Temasek wrote off its stake
Monday news wires confirmed Singapore's Temasek Holdings had concluded an internal review of its $275M investment loss at now-insolvent FTX. The staff accountable for the investment took full responsibility and had their salaries cut. Also, the senior management team endured the same pay cuts.