📱 Sirin Labs cuts 25% of its workforce as CEO faces $50M lawsuit
Sirin Labs has let go of 15 of its 60 employees due to lower than expected sales of its blockchain phone, Finney. The blockchain project denied rumors of unpaid workers, saying all team members were compensated for both March and April. Sirin Labs was launched on some $225 million, partially funded by an ICO of native token SRN which is down over 99% since its launch.
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