Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Ethereum World News 2022-08-17 14:33:57

Genesis CEO Michael Moro Steps Down Amid 20% Staff Cuts And 3AC Losses

Summary: Michael Moro has left his role as the CEO of beleaguered crypto broker Genesis. Moro’s exit was announced alongside a 20% cut in the company’s workforce. Some 52 employees out of 260 staff are expected to leave Genesis starting Wednesday. Chief Operating Officer Derar Islim was appointed interim CEO as part of an ongoing restructuring plan. The crypto broker previously disclosed its exposure to Three Arrows Capital and filed a $1.2 billion claim against the crypto hedge fund. Crypto […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.