Crypto lender Genesis cuts workforce by 30%1 min read 05 Jan 2023, 11:33 PM IST
The cryptocurrency firm's lending arm, Genesis Global Capital, froze customer withdrawals on 16 November, citing ‘unprecedented market dislocation’ following the collapse of major crypto exchange FTX
In a second round of layoffs in less than six months, cryptocurrency lender Genesis will cut around 30% of its workforce, the Wall Street Journal reported on Thursday.
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