May 4, 2025

Consensys CEO Joe Lubin Says SEC’s Abuse of Power Among Reasons Blockchain Firm Laying Off 20% of Staff

1 min read

The CEO of blockchain software firm Consensys says the company is terminating 20% of its workers as the crypto industry faces a more cautious macroeconomic environment and regulatory uncertainty. In a statement, Joe Lubin says that aside from rising interest rates, inflationary pressures and tightening liquidity, the lack of clear regulatory framework has also made The post Consensys CEO Joe Lubin Says SEC’s Abuse of Power Among Reasons Blockchain Firm Laying Off 20% of Staff appeared first on The Daily Hodl .

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