Crypto lender Genesis is cutting 30% of its staff in another round of layoffs, the company said Thursday.
First reported by the Wall Street Journal, this latest round of job cuts comes two months after it froze customer withdrawals.
Genesis is a crypto financial services company with trading, lending, market making, and custody businesses that is owned by Digital Currency Group (DCG).
DCG also owns Grayscale, sponsor of the world’s largest bitcoin trust, GBTC, as well as crypto media outlet,…
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