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Crypto lender Genesis axes 30% of staff, mulls bankruptcy
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Massive 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
Genesis' bankruptcy filing was decided by independent committee according to DCG cointelegraph.com /1 year ago
Top 3 Reasons Why Crypto Prices Are Not Plummeting After Genesis Bankruptcy News cryptonews.com /1 year ago
Crypto lender Genesis files for bankruptcy cointelegraph.com /1 year ago
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