A member of the Ontario Teachers’ Pension Plan (OTPP) has filed a lawsuit against the pension plan alleging that the board did n…

A member of the Ontario Teachers’ Pension Plan (OTPP) has filed a lawsuit against the pension plan alleging that the board did not conduct proper due diligence when investing US$95 million in the now defunct FTX crypto exchange. Defendants in the FTX VC class action lawsuit also include Multicoin, Sequoia, Paradigm, Thoma Bravo, Temasek, SoftBank, Ribbit, Altimeter, Tiger, Sino Global, and others. — link : Wu Blockchain News

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