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Posted on September 05, 2022

Second Round of Layoffs at Brazilian Crypto Unicorn 2TM

Second Round of Layoffs at Brazilian Crypto Unicorn 2TM

The economic adversity continues,” said the company in a statement. It’s the second round of job cuts this summer for 2TM, which in June let go of more than 80 workers.
Speaking with CoinDesk, the company also took note of “unbalanced competition” in which foreign crypto exchanges are not following the same reporting and know-your-customer (KYC) standards as domestic players.