Before its downfall, crypto exchange FTX and its then-CEO Sam Bankman-Fried had been some of the most prolific spenders in the space, bailing out crypto firms and donating to political campaigns and m...
Tag: reputational
Riot Games to terminate FTX Sponsorship due to “reputational harm”
North America (NA) League of Legends Championship Series, LLC (Riot) has made a filing in the FTX bankruptcy case requesting that the court either “compel FTX to reject the Agreement” or allow Riot to...
Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Singapore’s government-owned investment firm Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong. Wong, who is al...
The FTX Collapse Caused “Reputational Damage” to Temasek Says, Wong
FTX’s collapse caused great losses to Temasek, a Singaporean holding company. According to Wong, Singapore’s reputation has been damaged. Further, Singapore intends to implement protection measures fo...