In the state of New York, where Sam Bankman-Fried, founder of fallen crypto exchange FTX, is standing trial for fraud, the attorney general has accused a further three high-profile crypto businesses of lying to their customers. Crypto exchange Gemini, run by the Winklevoss twins, Cameron and Tyler, as well as crypto lender Genesis and its parent company, Digital Currency Group, …
Even if the cryptocurrency market is currently experiencing a relief rally, worrying news keeps coming out. Amid the mass layoff trend among tech giants, Crypto exchange Gemini has decided to cut off its employee headcount by 10 per cent, CNBC reported citing a spokesperson aware of the matter. Since 11 November, when Sam Bankman-cryptocurrency Fried’s exchange FTX filed for bankruptcy, …