
Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried
Temasek revealed that it conducted an extensive due diligence process on FTX, which lasted 8 months between February and October 2021.
Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.

According to "rough balance sheet" calculations, FTX users whose funds are stuck on the exchange are more likely to have less than 40% returned.

Sam Bankman-Fried maintains that FTX US had enough money to repay all customers as of Nov. 7.

FTX stated that it could potentially have more than one million creditors.

Deeper look at on-chain data shows the hacker has been sending messages to exchanges, Vitalik and Uniswap using tokens created within the past 24 hours.

FTX and Alameda had bought over 50 million SOL from the Solana Foundation between 2020 and 2021.

The crypto community is puzzled by former FTX CEO Sam Bankman-Fried asking "What HAPPENED."



