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CEO of crypto lender Genesis exits as 20% of workforce laid off
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Genesis Global Trading is laying off 20% of its 260-person workforce weeks after court filings revealed that the crypto brokerage firm lent $2.4bn to the now-bankrupt crypto hedge fund Three Arrows Capital.
The job cuts were announced as part of the firm’s leadership changes that will also result in the departure of Genesis chief executive Michael Moro.
Genesis,...
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