In brief
- Shares in Gemini (GEMI) are down more than 14% after the firm noted it is parting with three key executives.
- The news comes just weeks after Gemini announced it was laying off 25% of its staff and exiting some foreign markets.
- GEMI is now trading around $6.49, down nearly 77% from its IPO price.
Shares in publicly traded crypto exchange Gemini (GEMI) have fallen more than 14% on Tuesday following word that the firm has decided to part ways with three of its executives following a recent announcement of mass layoffs across the company.
Gemini Chief Financial Officer Dan Chen and Chief Legal Officer Tyler Meade will be replaced in the interim by Danijela Stojanovic and Kate Freedman, respectively. Marshall Beard, the firm’s…
