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Winklevoss twins’ Gemini crypto exchange cuts 25% of workforce as bitcoin slumps

Winklevoss
New York Post Fews App News Provider
Fews App Post Time 1d ago

Gemini, the crypto firm run by Cameron and Tyler Winklevoss, is cutting up to 25% of its workforce and ending operations in the United Kingdom, European Union and Australia – a retreat that comes during a sustained bitcoin selloff. The layoffs will impact about 200 employees across Gemini’s operations in the US, Europe and Singapore, the company said in a filing. The Winklevoss twins said the cuts would allow Gemini to “double down on America” and serve US customers.

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