OTPP writes off $95 million crypto investment after FTX collapse
OTPP has written off its $95 million investment in FTX, a crypto exchange that went bankrupt amid fraud allegations and a liquidity crisis. The fund said it invested $95 million in FTX through its Teachers’ Venture Growth platform, representing less than 0.05% of its net assets. The Ontario Teachers Pension Plan (OTPP) was among the prominent […]