Odaily News: Temasek, Sequoia Capital, SoftBank, and 18 other FTX investment institutions have been named as defendants in a collective lawsuit filed in Miami due to their affiliation with the now-bankrupt cryptocurrency exchange FTX.

The plaintiffs claim that these investment firms are responsible for "aiding and abetting" FTX in its fraud. It is alleged that FTX violated multiple securities laws and misappropriated customer funds. The defendants, however, claim that they conducted due diligence. (Source: Cointelegraph)