TechFlow News — According to Jinshi News, in response to Temasek's failed investment in FTX, Singapore Deputy Prime Minister Lawrence Wong stated that while other leading global institutional investors such as BlackRock and Sequoia Capital also invested in FTX, this does not mitigate the issue. Temasek is taking the losses from its FTX investment seriously. The loss does not mean that our governance system has failed. It is disappointing that Temasek incurred a loss of $275 million in its investment in FTX.
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