Swyftx cuts 35% of its workforce as it prepares for 'worst-case scenario'
The Australian crypto exchange said that while it has no exposure to FTX, it is "not exposed to shelter" from its fallout.
![Swyftx cuts 35% of staff as it braces against 'worst-case scenario'](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNmRiMTE2NjctOGJiZi00NGEzLWJlZTgtZDkyNmY5MGM1Y2RiLmpwZw==.jpg)
![Swyftx cuts 35% of its workforce as it prepares for 'worst-case scenario'](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNmRiMTE2NjctOGJiZi00NGEzLWJlZTgtZDkyNmY5MGM1Y2RiLmpwZw==.jpg?#)
The Australian crypto exchange said that while it has no exposure to FTX, it is "not exposed to shelter" from its fallout.
![Swyftx cuts 35% of staff as it braces against 'worst-case scenario'](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNmRiMTE2NjctOGJiZi00NGEzLWJlZTgtZDkyNmY5MGM1Y2RiLmpwZw==.jpg)
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