Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report

Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report

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Amber Group, which is backed by Temasek and Sequoia Capital, is also laying off around 300 staff to slash its workforce to less than 400, at its peak it employed more than 1,100, the report said. The sponsorship saw Chelsea show the logo of Amber’s WhaleFin trading platform on their shirts for the…

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