Ontario Teachers' Pension Plan writes down FTX investment to zero
Summary by Ground News
28 Articles
28 Articles
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…
·New York, United States
Read Full ArticleCoverage Details
Total News Sources28
Leaning Left10Leaning Right2Center4Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 25%
13%
Factuality
To view factuality data please Upgrade to Premium