Tag: Shelter Crypto

Coinsquare Lays Off 40 Employees in a Tough Month For Crypto Exchanges | Shelter Crypto | Shelter Humanity | Charity Token Homeless | Charity Coin

 

 

 

Coinsquare, the leading Canadian cryptocurrency exchange has reportedly fired almost a third off its staff. The news comes just one month after five other trading platforms were in serious financial difficulties. The industry has faced many of its most difficult challenges in 2019, including having to adapt to a long bear market, dealing with financial difficulties and technical issues, as well as dealing with hackers attacks and coin losses.

 

 

2 executives among terminated Coinsquare employees

 

Coinsquare, Canada’s leading digital asset exchange, has decided to layoff approximately 40 of 150 employees. Betakit reported this, quoting multiple sources. Two of the key executives who lost their contracts are COO Robert Mueller, who joined Coinsquare over a year back, and CFO Ken Tsang. Tsang is an investment banker who previously worked for major financial institutions, such as Bank of Montreal or Bank of Canada. Martin Hauck, Head …

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