Singapore's Temasek, other institutions sued for allegedly aiding and abetting FTX fraud


Eighteen defendants were named in a class action lawsuit filed by one of FTX's customers, with Singapore's Temasek being one of them. - Reuters

SINGAPORE, Feb 25 (The Straits Times/ANN): Singapore's top investment company Temasek has been named in a class action lawsuit filed in Miami, Florida, as one of 18 defendants that allegedly conspired with troubled cryptocurrency exchange FTX to defraud customers.

The complaint was filed on Wednesday by one of the exchange’s customers, Mr Connor O’Keefe, a Mississippi resident, on behalf of himself and “all others similarly situated”.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , Temasek , Court Case , FTX , Fraud

Next In Aseanplus News

Fujian aquaculture model offers lessons for Cambodia, Asean
Singapore bus commuters playing music loudly, putting feet on seats face fines of up to S$500 from Sept 23
Thailand healthcare reform: State funding nears breaking point
Giant hand sculpture in Incheon, South Korea, draws complaints for looking ‘offensive’
Rexy wants shuttlers to adopt 'never-say-die' spirit against Indonesia
Do not negotiate collaboration for state election on social media, says Ab Rauf
Sixty artistes set to perform at 14-hour music festival in Ho Chi Minh City
'I live in fear': 1.5 million Pakistani children sexually exploited online
S. Korea troops among three injured in DMZ blast: Yonhap TV
Thunderstorms to bring heavy rain, strong winds to Metro Manila, Luzon

Others Also Read