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Temasek-backed crypto group Amber says ‘business as usual’ amid staff cuts

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Temasek-backed digital asset trading platform Amber Group says “business as usual”, even as it reportedly moves to cut headcount while raising funds amid the fallout of exchange FTX.

Amber Group says “business as usual”, even as it reportedly moves to cut headcount while raising funds amid the fallout of FTX.

ST PHOTO: GAVIN FOO

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SINGAPORE - Temasek-backed digital asset trading platform Amber Group says

it is “business as usual”,

even as it reportedly moves to cut headcount while raising funds amid the fallout of crypto exchange FTX.

The Singapore-based crypto group declared in a series of tweets on Tuesday that operations at the group and its platform WhaleFin “are business as usual”. Its managing partner Annabelle Huang tweeted that withdrawals are “open as usual”.

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