Fox Reporter: The crypto bank Custodia Bank will further lay off employees to save funds
According to Eleanor Terrett, a Fox Business reporter, the crypto bank Custodia Bank, headquartered in Wyoming, will further lay off employees to save funds.
Custodia's lawsuit against the Federal Reserve will hold oral arguments on January 21st, coinciding with the day after Trump's inauguration.
Caitlin Long, CEO of Custodia said: "I am incredibly proud of the Custodia team and the services we have built for our clients. I'm also proud of our resilience in multiple innocent 'de-banking' incidents. I especially thank Custodia’s customers and shareholders who help us continue to fight for lasting banking access for law-abiding American crypto industry."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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