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Encryption market maker Portofino Technologies faces another wave of employee departures.

On November 27, CoinDesk reported, citing informed sources, that the encryption market maker Portofino Technologies has experienced another wave of high-level employee departures after the Chief Financial Officer and General Counsel left months ago. The source indicated that Chief Revenue Officer Melchior de Villeneuve recently left the Swiss company. The individual requested anonymity due to the private nature of the matter. Office Manager Olivia Thurman has confirmed her resignation. Additionally, it is reported that two senior developers, Olivier Ravanas and Mike Tryhorn, as well as two junior developers, have also left the encryption market maker. According to LinkedIn profiles, De Villeneuve joined the company in January this year, but he did not immediately respond to requests for comment. Ravanas and Tryhorn also did not respond. As of the time of publication, Portofino had not responded to multiple requests for comment.

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