Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’

Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’

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Source: Coindesk.com

Consensys, one of the main supporters of the Ethereum network, is laying off 20% of its workforce, blaming broader macroeconomic conditions and ongoing regulatory uncertainty, including the Securities and Exchange Commission’s (SEC) “abuse of power” in the space.

“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse

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The post "Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’" appeared first here Coindesk.com.

Source: Coindesk.com

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