Singapore Wealth Fund Temasek Vary of Crypto Investments After Failed $275M FTX Bet

At the time, Temasek claimed that it did eight months of due diligence on FTX, reviewing its audited financial statements, analyzing regulatory risk, and cyber security threats. Post the collapse of FTX, Temasek said that intends to refine its investment appraisal procedure, especially for rapidly growing firms.