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Temasek slashes compensation for execs responsible for its $275M FTX investment

Singapore investment firm Temasek Holdings has reduced compensation for the execs responsible for the firm’s investment into the now-defunct crypto exchange FTX.

Temasek was once the second-largest outside investor in FTX, owning 7 million shares, according to Forbes. The firm, however, was forced to answer for its investment play after the exchange collapsed.

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