FTX’s bankruptcy will surely provide more reasons to scrutinize plan participant access to cryptocurrency and related investments. The Ontario Teachers' Pension Plan Board invested $95 million in FTX Trading Ltd. Hopefully the pension’s financial losses will have limited impact.
Among those impacted by the U.S. bankruptcy filing of leading global cryptocurrency exchange FTX on November 11, 2022 is the Ontario Teachers’ Pension Plan. Last October, the Ontario.
Cryptocurrency and other digital assets are among the most controversial investment products to emerge in recent years. With the potential for "outsized profits" it is no wonder that retirement plan.
The future of money and digital assets is a vast topic that presents numerous challenges, and it has even caused debate as to whether cryptocurrency is a prudent retirement plan.