According to an internal message obtained by The Information, crypto exchange Gemini is laying off another 10% of its workforce in at least its third round of layoffs since June. Gemini has been engulfed in the bankruptcy of cryptocurrency lender Genesis Global Capital, rendering it unable to pay out funds to Earn account holders. Cameron and Tyler Winklevoss, the founders of Gemini, have engaged in a Twitter war with Digital Currency Group, the parent company of Genesis, over the $900 million owed to Earn customers. Gemini had previously laid off 10% of its workforce in June, followed by additional layoffs in July.
