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Was Wealthsimple wrong to bet on crypto?

The Big Story

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Well Simple, Is Crypto Really Here to Stay?

I think that, you know, there is sort of a belief that crypto is here to stay. If they're going to invest in it, wouldn't you want them to make those investments at a place like wealth simple that is relatively well protected? Well simple laid off a hundred and 59 employees last week because of the changes to the market onditions. And we saw recently that wealth simple actually, they put in a hiring phrieze ah on how many they were going to bring into the company over the next year. We can really see how this has been having an effect on the company.

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