After initial stepping down in December following an investigation that revealed harsh working conditions, then rejoining in January as co-CEO, Away co-founder Steph Korey will step down again within the year, according to The Verge . Founded in 2015, Away is a startup, valued over $1 billion, that sells suitcases and other travel gear. The decision comes after Korey posted a series of...
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Genesis Creditors Could Miss Out on Recent Crypto Rally
Crypto prices have risen since parts of crypto lender Genesis filed for chapter 11 bankruptcy last month, lifting the value of customers’ crypto assets stuck in Genesis accounts. That’s not necessarily good news for Genesis’ creditors, however. Creditors are worried that any repayments they get from the bankruptcy will be made in dollars, not the original cryptocurrencies,...
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