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The cryptocurrency exchange Gemini is cutting the 10% of staff.
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The Information reported on Monday the news agency cited an internal message.
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The company didn't immediately respond to reporters request for comments.
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Created by identical twins Cameron Tyler and Winklevoss, crypto pioneers and former U.S. Olympic rowers.
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Gemini has been under pressure in recent months because of a prominent dispute that involved the crypto-related company, Genesis.
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According to Gemini's bankruptcy filing, Genesis owes $765.9 Million to Gemini, its largest creditor.
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