FTX scams Ontario Teachers Pension out of $95 MILLION

The Ontario Teachers’ Pension Plan has lost $95 million in the FTX collapse after missing obvious red flags and despite years of diligently studying cryptocurrency investment. In October 2021, Ontario Teachers’ put $75 million into two FTX entities in October and three months later invested a further $20 million in FTX.US. The entire investment will be written off as zero at the year-end.-- More...