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Cryptocurrency exchange Binance has cut jobs just days after it was hit by a wave of executive exits, a source familiar with the matter told Reuters on Friday.
More employees were laid off this week, according to former employees, who said customer-service workers were heavily affected, the report said.
U.S. regulators last month sued the crypto exchange and its CEO Changpeng Zhao for allegedly operating a "web of deception." Binance has said it would defend itself "vigorously."
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Cryptocurrency exchange Binance has cut jobs just days after it was hit by a wave of executive exits, a source familiar with the matter told Reuters on Friday.
SINGAPORE/WASHINGTON - Bitcoin was hovering near its highest so far this year on Friday after crypto investors took encouragement from a legal victory in which the cryptocurrency XRP was ruled