According to TechFlow, SoftBank has written down its FTX investment to zero. As one of the many investment companies that have supported FTX, SoftBank claims that "the investment in FTX is less than $100 million" and it only accounts for a very small part of its $100 billion Vision Fund. At the same time, there will be no substantial reduction in the value of the company's shares as a whole.
However, many people still question why so many well-known investment companies have made large investments in FTX without conducting much due diligence. Former SoftBank COO Marcelo Claure claimed on social media that he "completely failed" in the FTX matter, firstly because he was swayed by FOMO emotions, and secondly because he did not fully understand what he was investing in. Original link