Is Digital Asset Platform Amber Next? Rumors of New Layoffs and Bankruptcy

Digital asset platform Amber Group has told clients and investors that business is continuing as usual despite allegations of massive layoffs.

Wu Blockchain was released on the official social media account on December 6th. in a post he madeabout the total workforce in September 30% to 40% of claimed to have terminated his employment of Amber Group a new dismissal move claimed he did. Allegedly, Amber Group received investment from Temasek after the layoffs. But in December, the company started layoffs again and cut Chinese employees. evacuate offices and work from home wanted.

Amber Group December 6 via the company’s official social media account. in his announcement, that the company continues its operations, but that business strategies, products and internal teams are not changed according to current economic cycles. constantly updating and adjusting stated that it should.

The statements of some people who are alleged to be employees of the company on social media and the claims that the employees could not reach the senior management in the Chinese documents circulating, a possible bankruptcy worried about.

On the other hand, as a result of his researches, Lookonchain belongs to Amber. 6 Ethereum (ETH) in total in your wallet 9.46 million dollar amount of assets Has detected. company in the last seven days. $36 million to Paxos worth BUSDto a newly opened wallet 13 million worth a dollar 10,422 ETH seen to be transferred. Also from Binance 500 ETH was also among the information given. About Amber Group did not make a statement.

A social media user from Amber Group To Annabelle Huang He asked if the funds were safe. Huang asked this question that the funds are always safe in case users have any concerns. open withdrawals is replied by stating.


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