Although declining to deal with particular numbers on what number of have been laid off, a Crypto.com spokesperson instructed Advert Age: “As disclosed in June, Crypto.com underwent a restructuring course of that concluded in July to strengthen our place amidst the backdrop of a bear market local weather … As a part of that restructuring, we made the tough choice to conduct focused job reductions, 60% of these roles got here from non-corporate, again workplace and help providers tied to commerce volumes.”