Crypto.com Will Reduce its Workforce by 20% to Optimize Costs
Kris Marszalek has announced a new wave of cuts amid poor market conditions and “recent industry developments.”
Coinbase to Lay Off 20% of its Employees in New Cost Optimization Round
US crypto company Coinbase plans to reduce the number of employees by another 20% as part of the second wave of business optimization.
Users Are Massively Withdrawing Assets from Binance: Media
Crypto exchange Binance has experienced a significant outflow of assets.
US Authorities Confiscate Robinhood Shares Owned by Sam Bankman-Fried
The US DJ has announced that it has confiscated 55,273,469 shares of online broker Robinhood in the case against FTX founder Sam Bankman-Fried.
Court Filings: FTX Spent About $40M on Hotels and Food
Crypto derivatives exchange FTX, which filed for bankruptcy in November 2022, spent around $40M on luxury hotels and accommodation, among other things.
Sam Bankman-Fried Refuses to Plead Guilty: Bloomberg
Sam Bankman-Fried has pleaded not guilty to eight counts.
Cameron Winklevoss Asks Digital Currency Group CEO to Pay Off $900M in Debt
Cameron Winklevoss has published an open letter to the CEO of Digital Currency Group (DCG) asking him to pay off $900 million.
