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Singapore s Temasek Cuts Compensation for Those Responsible for FTX Investment

Singapore s Temasek Cuts Compensation for Those Responsible for FTX Investment
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Singapore s Temasek cuts compensation for staff responsible for FTX investment

Singapore state investor Temasek Holdings (TEM.UL) said on Monday it had cut compensation for the team that recommended its investment in the now-bankrupt FTX cryptocurrency exchange, as well as for its senior management team.The move comes around six mon

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Temasek cuts compensation for staff responsible for FTX investment

Singapore state investor Temasek Holdings said on Monday it had cut compensation for the team that recommended its investment in the now-bankrupt FTX cryptocurrency exchange, ..

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Temasek cuts senior management compensation after conclusion of internal review following troubled FTX investment

Temasek cuts senior management compensation after conclusion of internal review following troubled FTX investment
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Temasek cuts pay for staff responsible for FTX investment

The move comes around six months after Temasek initiated an internal review of its FTX investment, which led to a writedown of $275 million.

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