๐ธ FTX Fallout Echoes Again! Temasek Slams the Brakes on Crypto Startups โ ๏ธ
Singaporeโs sovereign giant Temasek has gone from bold bets to brutal lessons โ slashing early-stage investments after a $275M wipeout from FTX.
Once a believer in the crypto dream, now a symbol of caution โ Temasek retreats, burned by overhyped promises and token traps.
From eFishery fraud to FTX fiction, the fund is shifting gears, going from moonshots to mission control. ๐โ
The message is loud: Crypto needs more than hype โ it needs hard truth.
๐ Will others follow suitโฆ or double down on the next wave?
#FTXCrash #TemasekExit #CryptoInvesting #VCFreeze #BinanceSquare