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MICHAEL MORO

Crypto Broker Genesis Cuts 20% Workforce, CEO Michael Moro Stepping Down
Michael Moro

Crypto Broker Genesis Cuts 20% Workforce, CEO Michael Moro Stepping Down

Genesis is laying off 20% of its 260-strong workforce, and its CEO is leaving. The announcement comes after the firm lost money that it loaned to the insolvent hedge fund Three Arrows Capital.