- Wyre cryptocurrency payments firm is allegedly shutting down.
- In September, Bolt dropped intentions to acquire the firm.
- Former workers say the firm had not yet presented them with severance payouts.
Employees of Wyre, a cryptocurrency payments firm that was previously valued at $1.5 billion, have been informed that the business would soon be going out of business. The apparent shutdown of Wyre follows the decision made in September by another payments business, Bolt, to abandon its intention to buy Wyre.
Everyone on the shared Slack channel has been disabled, as stated by former employee JD Ross, the co-founder of the house-selling services, Opendoor.
Looks like Wyre just shut down their businessEveryone in our shared Slack channel disabled except the GC. Hearing no severance.— JD Ross (@justindross) January 3, 2023
However, Wyre CEO Ioannis Giannaros, says in a conversation with A ...
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