Singapore deputy pm: Temasek's FTX loss is being taken seriously

Singapore's Deputy Prime Minister Lawrence Wong said on Wednesday the city-state's sovereign wealth fund Temasek Holdings [RIC:RIC:TEM.UL] has initiated an internal review of its investment in the now-bankrupt FTX crypto exchange.

Temasek had invested about $275 million in FTX, a loss that was "disappointing" and was being taken seriously, Wong said.