Brisbane Times · general

Major Australian crypto company CEO out, jobs cut as bitcoin rout bites

2 hours ago

Swyftx, a major Australian cryptocurrency exchange, laid off nearly 20 percent of its workforce and replaced CEO Jason Titman on Thursday as bitcoin prices dipped. Co-founders Alex Harper and Andrea Yuen were appointed as acting co-CEOs to help restructure the company after significant acquisitions. The change comes amidst challenges in the broader crypto market.

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Summary by Glance · Original reporting by Brisbane Times

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