Ontario Teachers' Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing 'Potential Fraud' – Featured Bitcoin News

Ontario Teachers' Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing 'Potential Fraud'

The statement explains that the Ontario Teachers’ Venture Growth fund invested C$75 million in FTX International and its U.S. entity, FTX US, in October last year. In January, the fund made a follow-up investment of C$20 million in FTX US.Our investment represented less than 0.05% of our total net assets and equated to ownership of 0.4% and 0.5% of FTX International and FTX US, respectively.

If you do understand Bitcoin , you would know bear markets are the best time for accumulation. Don’t panic buy and trade. The bull run is preordained However I recommend you all follow Bamber__Michael he’s a super underrated bitcoiner. Smart tips. I’ve been doing great

incredible!

JUST IN

IMPORTANT:

You have proven to me that you are genuine and i can trust you with my last dime protraderjason thanks for the payouts

UPDATE:

must check!

Legit run....Buy BAL and SAND in 40x let leverage.... time running go high

IMPORTANT:

incredible!

Tick ​​✅ Group and country regulatory use 👀

must check!

incredible!

incredible!

ChiefraFba gives the most accurate signals and analysis in my experience

Thats great, I have recently started using ChiefraFba for signals, his accuracy is INSANE!

must check!

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Ontario Teachers' Pension Plan to write down $95 million FTX investment to zeroOne of the world's largest pension plans is set to write its investment in FTX down to zero following the firm's bankruptcy filings. who is responsible for the DD on the investment? Many were affected by the FTX saga, but some cases are sadder and more worrying as they are more than the 'money' and earns by some people. Many teacher's life is now sadly affected by the actions of some. The real 'magnitude' of the FTX saga is yet to be exposed. Sadly there are still many affected that haven't come to light.
La source: TheBlock__ - 🏆 464. / 53 Lire la suite »

Ontario Teachers’ Pension Plan is latest FTX investor to mark venture investment to zeroPension plan makes rare public statement as one of dozens of private-market investors that lost money on the demise of the crypto broker. Oopsieee, hope my org doesn’t have to make up for this loss for Teachers. This is what happens when speculation goes wild. Ever since the advent of online trading and crypto boom people treat these assets like a casino with no care for the genuine underlying value.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

The FTX contagion: Which companies were affected by the FTX collapse?Some of the firms affected include Genesis, Sequoia Capital, Galaxy Digital, and Galois Capital.
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »