Singapore's Temasek Holdings said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocurrency exchange and for senior management, as they take "collective accountability" for the failed investment.
"Although there was no misconduct by the investment team in reaching their investment recommendation, the investment team and senior management, who are ultimately responsible for investment decisions made, took collective accountability and had their compensation reduced," Temasek Chairman Lim Boon Heng said in a statement posted on Temasek's website.
FTX, founded by Sam Bankman-Fried, was once one of the most valuable start-ups in the fast-growing digital currency sector globally, reaching a valuation of $32 billion last year after raising $400 million from investors including SoftBank. Temasek also said last year it had conducted "extensive due diligence" on FTX, with its audited financial statement then "showed it to be profitable".FTX's other backers such as SoftBank and Sequoia Capital had also marked down their investment to zero after FTX filed for bankruptcy protection in the United States in November.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Singapore's Temasek cuts pay for staff responsible for FTX investment(Reuters) -Singapore state investor Temasek Holdings said on Monday it had cut compensation for the team and senior management that recommended its investment in the now-bankrupt FTX cryptocurrency exchange. 'Although there was no misconduct by the investment team in reaching their investment recommendation, the investment team and senior management, who are ultimately responsible for investment decisions made, took collective accountability and had their compensation reduced,' Temasek Chairman Lim Boon Heng said in a statement posted on Temasek's website on Monday.
แหล่ง: YahooSG - 🏆 3. / 71 อ่านเพิ่มเติม »
Singapore's Temasek cuts pay for staff responsible for FTX investmentSINGAPORE — Singapore state investor Temasek Holdings said on Monday (May 29) it had cut compensation for the team and senior management that recommended its investment in the now-bankrupt FTX cryptocurrency exchange. 'Although there was no misconduct by the investment team in reaching their investment r
แหล่ง: TODAYonline - 🏆 1. / 99 อ่านเพิ่มเติม »
Singapore's Temasek cuts compensation for staff responsible for FTX investmentSINGAPORE — Singapore state investor Temasek Holdings said on Monday (May 29) 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 months after Temasek initiated an i
แหล่ง: TODAYonline - 🏆 1. / 99 อ่านเพิ่มเติม »
Temasek cuts staff compensation after failed FTX investmentSINGAPORE — Temasek Holdings said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocurrency exchange and for senior management, as they take 'collective accountability' for the failed investment.
แหล่ง: TODAYonline - 🏆 1. / 99 อ่านเพิ่มเติม »
Temasek cuts compensation of senior management, investment team over failed investment in FTXSINGAPORE: Temasek's investment team and senior management 'took collective accountability and had their compensation reduced' after the firm's failed investment in cryptocurrency company
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »