Ontario Teachers' Pension Plan writes down FTX investment to zero

Ontario Teachers' Pension Plan becomes second public pension to write off crypto bet

TORONTO — For the second time this year a major Canadian public pension is writing down to zero a bet on cryptocurrency as the risky market sours.

Ontario Teachers' Pension Plan becomes second public pension to write off crypto bet

TORONTO — For the second time this year a major Canadian public pension is writing down to zero a bet on cryptocurrency as the risky market sours.

Ontario Teachers' Pension Plan becomes second public pension to write off crypto bet

TORONTO — For the second time this year a major Canadian public pension is writing down to zero a bet on cryptocurrency as the risky market sours.

Ontario Teachers' Pension Plan becomes second public pension to write off crypto bet

TORONTO — For the second time this year a major Canadian public pension is writing down to zero a bet on cryptocurrency as the risky market sours.

Ontario Teachers' Pension Plan writes down US$95M FTX investment to zero

The Ontario Teachers' Pension Plan says it is writing down its US$95-million investment in FTX to zero.

Ontario Teachers' Pension Plan Writes Down FTX Investment to Zero

The Ontario Teachers’ Pension Plan says it is writing down its US$95-million investment in FTX, the cryptocurrency exchange that collapsed last week, to zero. The Ontario pension fund invested US$75 million in FTX International and its US entity FTX.US in October 2021 followed by an additional US$20 million in FTX.US in January this year. The investments were made through Teachers’ Venture Growth in a move to gain exposure to an emerging area in…