U.S. cryptocurrency exchange Bittrex has laid off 83 employees, out of its workforce of roughly 284, per Washington State employment data.
A Bittrex spokesperson told Decrypt that the cuts will be felt across “most departments” at the company, and all impacted staff will receive 60 days of continued pay plus additional severance.
Bittrex made headlines late last year for being on the receiving end of some of the largest fines received by a U.S. crypto exchange.
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