This site (120btC.coM): An online account suspected to be an old employee of Pionex said that Pionex paid his severance compensation in installments and wrote bad checks for options, etc., which raised doubts about the financial status of Pionex.
The Chinese account of Paiwang said: "The laid-off employees were dissatisfied and felt that they were not satisfied with the money given by the company. During the optimization conversation, they threatened to retaliate, so the company gave a batch compensation clause, hoping to restrain it. Don’t act in retaliation, the compensation amount will not be less, but unfortunately, it still happened.”
Paiwang’s follow-up announcement stated: Operations are all normal.
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