Anghami

Crypto lenders halt withdrawals as FTX collapse shakes industry + Anghami cuts 22% of staff

FTX collapse carnage continues: Crypto lender Genesis and the bn’aire Winklevoss’ Gemini Trading have both halted withdrawals, BlockFi will file for bankruptcy in the coming days, and Singapore’s state investor Temasek has written off its entire USD 275 mn investment in FTX. In addition to multiple regulatory probes, FTX’s ex-bn’aire founder Sam Bankman-Fried is facing…