BlockFi exec argues bankruptcy court should approve bonuses to retain talent

by Aurelia Butler 23 January 2023, 21:20 169 Views

In a Jan. 23 declaration for United State Bankruptcy Court in the District of New Jersey, Crowell said without giving certain financial incentives, BlockFi might be unable to retain employees in a “highly competitive” crypto industry. According to the BlockFi executive, many staff were “highly likely to leave the company” amid the Chapter 11 process without “competitive compensation”, potentially adding to costs down the road.

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Source: Cryptocurrency - investing.com

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BlockFi exec argues bankruptcy court should approve bonuses to retain talent

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Crypto exchange Gemini lays off 10% of workforce in its latest round of cuts

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