The cuts at the cryptocurrency exchange come after nearly a fifth of employees were let go in June, as crypto markets teeter and tech companies rethink their growth plans.
New York Attorney General Letitia James accused the founder of Celsius Network, Alex Mashinsky, of a scheme to defraud hundreds of thousands of investors.
The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.