Singapore's Temasek cuts pay for staff responsible for FTX investment

Singapore's Temasek cuts pay for staff responsible for FTX investment

FILE PHOTO: FTX and Temasek logos are seen in this illustration taken November 30, 2022. REUTERS/Dado Ruvic/Illustration

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.