Crypto Prime Broker Falconx has recently seen departure from several senior employees, according to three people with knowledge of the case.

Among those who resign was Tommy Doyle, Falconx’s European head, according to the sources.

Global Chief Compliance Officer, Attorney General and Credit Manager at Falconx has also withdrawn, the sources, who spoke on condition of anonymity, said the case is private. Two dealers also left the business, the people added.

Two of the population said the total number of departures was a combination of resignation and layoffs and numbered between 10 and 15 people.

“Our number of employees doubled last year and we are continuing to grow. We are not commenting on staff questions,” a Falconx spokesman said in an E -Mail comments.

Doyle refused to comment.

Prime brokers are important for the financial markets. They provide trade, financing and custody to large institutions.

Before this wave of exits, Brian fighter, head of trade at Falconx, had recently left the company, as reported by Coindesk. He had worked for the company for more than three years and was based in New York.

Falconx describes itself as the largest, most reliable digital assets Prime Brokerage for the world’s leading institutions. The company employed 243 people from February 2023 according to the Pitchbook data.

The crypto company was founded in 2018 and was valued at $ 8 billion at the time of a financing round in mid-2022.

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