Gemini stock plunges after it parts ways with COO, CFO and Chief Legal Officer months after IPO

Gemini's stock has dropped significantly following the departure of its Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer, just months after the company's initial public offering (IPO). This leadership shakeup raises concerns about the company's stability and future direction. The executives' exits come amid a challenging regulatory environment for cryptocurrency firms. Investors are reacting negatively, reflecting uncertainty about Gemini's ability to navigate these challenges effectively.

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