Internal information shows that crypto exchange #Gemini will lay off 10% of its employees.

Gemini co-founder and president Cameron Winklevoss notified employees of the layoffs on Slack, saying that poor macroeconomic conditions and "unprecedented fraud" in the crypto industry have forced the company to lay off employees.

The layoffs are Gemini's third round of layoffs in the past eight months.

#crypto2023 #Web3 #whycrypto