🚨Breaking: Top VC firms, including Temasek, Sequoia Capital, Sino Global, and Softbank, find themselves in hot water as they face a class-action lawsuit for their ties to the now-defunct FTX crypto exchange. 😱

- Plaintiffs claim these firms "aided and abetted" FTX's multibillion-dollar fraud, using their influence to build a house of cards.

- FTX allegedly violated securities laws and stole customers' funds, while defendant VCs painted a rosy picture of the exchange.

- Temasek, an early FTX investor, wrote off its entire $275M investment after the exchange's collapse.

Stay tuned for more drama in the crypto world! 🍿