Pension Giant Ontario Teachers' Plans to Write Off All $95 Million Invested in Crypto Exchange FTX

Pension Giant Ontario Teachers’ Plans to Write Off All $95 Million Invested in Crypto Exchange FTX


“The financial loss from this investment will have limited impact on the Plan, given its size relative to our total net assets and our strong financial position,” said Ontario Teachers’. “However, we are disappointed with the outcome of this investment, take all losses seriously and will use this experience to further strengthen our approach.”

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