Cryptopolitan
2023-04-21 14:15:35

Ontario Teachers’ Pension Plan steps away from crypto industry after FTX loss

The Ontario Teachers’ Pension Plan (OTPP) has declared its decision to steer clear of the cryptocurrency industry following the unfortunate loss of $95 million due to the collapse of FTX. The collapse ensued after the CEO, Sam Bankman-Fried (SBF), misappropriated customer funds. The OTPP, which suffered significant financial repercussions, has taken a stance to avoid … Ontario Teachers’ Pension Plan steps away from crypto industry after FTX loss Read More »

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