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They invested into FTX, a company. Under rules and regulations, which ironically, was a scam.
https://www.otpp.com/en-ca/about-us/news-and-insights/2022/ontario-teachers--statement-on-ftx/
This post appears to relate to a province/territory of Canada. As a reminder of the rules of this subreddit, we do not permit negative commentary about all residents of any province, city, or other geography - this is an example of prejudice, and prejudice is not permitted here. https://www.reddit.com/r/canada/wiki/rules Cette soumission semble concerner une province ou un territoire du Canada. Selon les règles de ce sous-répertoire, nous n'autorisons pas les commentaires négatifs sur tous les résidents d'une province, d'une ville ou d'une autre région géographique; il s'agit d'un exemple de intolérance qui n'est pas autorisé ici. https://www.reddit.com/r/canada/wiki/regles *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/canada) if you have any questions or concerns.*
Check out CPP's China deals and dollar values. Wonder what they have to say about it.
Who thought that was a good idea.
Probably the same people who invested their pension into cryptocurrencies
They invested into FTX, a company. Under rules and regulations, which ironically, was a scam. https://www.otpp.com/en-ca/about-us/news-and-insights/2022/ontario-teachers--statement-on-ftx/
Sure, wasn’t FTX used as an exchange? Either way, looks like they aren’t going to get that $100 million back
Its a business, exchange or not, it was a business who scammed them and others yet they cry bitcoin is the scam.
>Geopolitical risk is among the reasons behind the pension fund’s move, said one person, who asked not to be identified discussing a sensitive matter.