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Archive for the ‘Current Affairs’ Category
Malaysia GE Aftermath

Malaysia GE Aftermath

The contest of GE has extended into the contest between PH and PN to garner support from other parties and alliances to form the next Gov. Purely from Game Theory perspective, PH should have a slight advantage over PN. The two major block of alliances that could decide who will form the next Gov are BN and Borneo block which... 

Temasek’s investment in FTX

Temasek’s investment in FTX

Our sovereign wealth fund, Temasek, has written off it entire so called investment in FTX. The investment is now totally down the drain and the amount involved was reported to be US$275 million or S$376.7 million. Singaporeans must never forget that even though the S$376.7 million loss is ah gong's money and may represent less... 

Why was an unlicensed platform allowed to market their platform to Singapore residents?

Why was an unlicensed platform allowed to market their platform to Singapore residents?

MAS said that FTX is not licensed to operate in Singapore. Someone told me that 40,000 Singaporeans have opened an account with FTX and that the amount deposited in FTX exceeded $1 billion. I have not been able to verify these figures. If FTX is not licensed to operate in Singapore, it would be illegal for them to market their... 



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