Cryptocurrency News

Major crypto firms reportedly cut up to 10% of staff amid bear market

06/02/2022

Less than a minute

2022.06.02 19:16

Major crypto firms reportedly cut up to 10% of staff amid bear market

Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff due to unfavorable market conditions.

Winklevoss’ crypto business Gemini Trust reportedly cut 10% of its employees amid the ongoing bear crypto market, the founders wrote in a notice to employees on June 2, as Bloomberg reported.

06/02/2022

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