Mass layoffs, cash crunch engulfs controversial Indian Bitcoin exchange Unocoin

Mass layoffs, cash crunch engulfs controversial Indian Bitcoin exchange Unocoin
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  • Mass layoffs, cash crunch engulfs controversial Indian Bitcoin exchange Unocoin
  • Troubles for Bengaluru-based crypto exchange platform, Unocoin, continue to mount as the startup now faces a shrinking workforce and cash reserve.
  • The well-funded startup, which was once the leading Bitcoin exchange platform in India, has hit several obstacles on the lines of funding and legal regulations.
  • Adding to the escalating problems for the crypto trading platform, talks to raise another round of funding hit a wall.


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