Specialists from the Ad Age publication made a statement that the Crypto.com cryptocurrency exchange is in a deep crisis. They learned that the platform’s bosses gradually reduced the amounts for marketing transactions and fired a considerable number of people as the crypto winter began. The experts also found out that in some cases, the leaders of the site terminated partnership agreements, through which attention was drawn to this crypto brand.

From 06/01/22 until 08/01/22 from 30 to 40 percent of employees left the state, according to unofficial data. Many of them have been fired by their superiors without explanation. Since there are no internal reports, Ad Age cannot confirm, but some independent sources have reported that more than 2,000 people lost their jobs during the specified time period. Marketing staff and the brand's creative team are the hardest hit.

Based on unconfirmed data, due to what is happening in the cryptocurrency market, in June of this year, the Crypto.com exchange initiated a restructuring. This was necessary in order to consolidate positions during the bearish trend, which was caused by macroeconomic conditions, affecting almost all sectors of life. This was reported by a former Crypto.com employee who claims it is a targeted job cut.

This guy reported that the exchange indeed terminated several affiliate deals that were busy with marketing. According to the service employee, the management wanted to quickly get rich on the wave of hype.