Prime Trust Crypto Custodian Signals Potential Layoffs for 62 Employees - Is the Bear Market to Blame?

Now-bankrupt crypto custodian Prime Trust has notified employees of potential layoffs affecting 62 individuals within the next two months, according to Nevada's Department of Employment, Training & Rehabilitation. This news comes shortly after the company made significant workforce reductions, CoinDesk reported on Tuesday, noting that the firm had 70 full-time employees and contractors as of August 14....