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Crypto lender Genesis axes 30% of staff, mulls bankruptcy
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fnlondon.comMassive crypto lender Genesis Global Trading Inc. laid off 30% of its staff and is considering filing for bankruptcy, according to people familiar with the matter, the latest sign of financial turmoil at the crypto lender.
The layoffs weren’t confined to one department and were across the company, some of the people said. Genesis has 145 employees left after 5 January’s layoffs.
Genesis...
Read more on fnlondon.comAbout this in other media
Indian Minister Says No Issue With Crypto if Laws Are Followed cryptonews.com /1 year ago
Crypto lender Genesis on verge of bankruptcy filing fnlondon.com /1 year ago
Genesis is planning to file for bankruptcy: Report cointelegraph.com /1 year ago
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