According to a source cited in a Bloomberg article, Singapore-based cryptocurrency trading company Amber Group is ending a $25 million endorsement deal with football team Chelsea FC. Chelsea Wore Jerseys with the Logo of Amber System According to the article, Temasek and Sequoia Capital-backed Amber Group is also cutting off about 300 employees to reduce its personnel from over 1,100 to under 400. As part of the partnership, Chelsea wore jerseys with the emblem of Amber’s WhaleFin trading system for the current 2022–2023 season. The decision to cut back on staff and cancel the endorsement, which was just disclosed seven The post Amber Group Cancels $25M Chelsea Endorsement Deal Amid Job Losses appeared first on Cryptoknowmics-Crypto News and Media Platform .
