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”.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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

Malaysia joins roundtable session on Straits of Malacca issues at Singapore Maritime Week 2026
Philippines' food giant Jollibee acquires Korean hot pot chain operator 'All Day Fresh' for US$88mil
Govt will not remain idle in face of global crisis, says Anwar
Two Malaysian wild cards get tickets to take part in the regional finals of the Red Bull Dance Your Style Asia Tour
Africa calling - Tanzania secures right to host the 74th Miss World Pageant in 2027
Top oil traders, including those from South-East Asia, warn worst of demand hit from the war is yet to come
No Iranian delegation has travelled to Pakistan so far for second round of peace talks
Trump accuses Iran of violating ceasefire 'numerous times'
Govt preparing long-term measures to mitigate Strait of Hormuz crisis impact, says Economy Ministry
Indonesia court throws out case against minister over 1998 mass rape denial

Others Also Read