Laid off crypto staff tell Financial News they face tough decisions on whether to remain in the industry, after a year marked by mass job cuts, bankruptcies and corporate governance concerns at the sector’s biggest employers.

“I wouldn’t be open to working in crypto again,” said David Donnelly, a former compliance analyst at Coinbase in Dublin, who chose to leave the firm in August after 14 months in the job. “I feel all markets are volatile at the moment, but crypto to me seems to be the most volatile, so I will be happy to give it a miss.”