To Our Valued Bitcoiners

Crypto sent the following email to Bitcoin employees earlier today. To our valued Bitcoiners, It is with a heavy heart that today I must inform you of a difficult decision the company has had to make. After careful consideration, and much soul-searching, the company has decided to layoff 11 of our valued employees. I want to assure you that this decision is in no way the fault of the employees who have been impacted. Indeed, the root cause of this horrible situation has been traced to not enough paperwork. It was determined that inadequate documentation led to a lack of accountability and visibility for the various stakeholders involved, leading to a breakdown in communication that was ultimately the cause of the layoffs. Despite the fact that this outcome was ultimately out of our control, I take full responsibility for the outcome. It is my hope that those affected by this difficult decision will be able to find new opportunities, and that I can rebuild the trust and confidence of the Bitcoiners here and abroad. Sincerely, Crypto Chuck