Digital asset manager Osprey Funds has reportedly laid off most of its staff since the summer of 2022, underscoring the ongoing operational challenges posed by crypto’s enduring bear market.
Yahoo Finance reported on Jan. 9 that Osprey Funds is currently operating with fewer than 10 employees after laying off 15 staff members since the summer. CEO Greg Kling told the publication that the layoffs were consistent with the market downturn and that Osprey was not at risk of closing operations.
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