Ontario Teachers' Pension Plan writes down FTX investment to zero
Summary by Ground News
The Ontario Teachers' Pension Plan said this week it will write off its US$95-million investment in FTX, the cryptocurrency exchange that collapsed last week. It follows a move by the Caisse de d'p�t et placement du Qu�bec to write off a US$150-m investment in Celsius Network in August. The investments point to the wider risks pension funds have taken on as part of a hunt for returns, a pension expert says.Published 2 months ago
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