See original

Custodia Bank to lay off employees to save funds

--・Verified Binance official account

AI Summary

Crypto bank Custodia Bank is cutting staff and cutting costs, which may be related to the Federal Reserve lawsuit, and its future development is in doubt.

According to ChainCatcher, Wyoming-based crypto bank Custodia Bank will further lay off employees to save funds.
Custodia's lawsuit against the Federal Reserve will have oral arguments on January 21, coinciding with the second day of Trump's inauguration.
Custodia CEO Caitlin Long stated that she is proud of the services built for the team and clients, and thanked the support of clients and shareholders.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

Replies 0

Custodia Bank to lay off employees to save funds

Latest News