[Reddishday]

Amber Group, a cryptocurrency startup backed by state investment firm Temasek Holdings, is scaling back its growth plans and "adjusting" its headcount, but it is not at risk of insolvency, the company said on Friday (Dec 9).

Its statement came after media outlets including The Financial Times reported that Amber Group is now "thinly staffed" and some employees are facing delayed salary payments as the company slashes headcount.


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