Crypto.com CEO Kris Marszalek stated on the X platform that the company has conducted targeted layoffs of approximately 12% as part of a company-wide integration of AI technology. No separate company press release or blog has yet been found to confirm this layoff news.
Marszalek mentioned in his post that regarding the potential of AI-enhanced teams, he noted: “Companies that act quickly and combine the best AI tools with top performers will achieve scale and precision previously unattainable.”
Some secondary reports have restated this announcement as a “comprehensive integration of AI,” describing the layoffs as a means to eliminate “roles that cannot adapt to the new AI-driven era.” However, this wording does not align with the phrasing retained in the mirrored version. The original mention of “company-wide AI” and “roles that cannot adapt in our new world” reflects a narrower and less dramatic framework.
Wu Blockchain relayed this news via Telegram that day, directly linking to Marszalek’s X post. Aside from this, no independent reports or other sources, such as Crypto.com’s press releases, regulatory filings, or company blog entries, were found during the verification process. This raises the validity of the statement: it originates from the CEO’s social media account but lacks formal company confirmation through standard disclosure channels.
This gap is particularly significant. Layoffs at publicly traded companies are typically accompanied by structured communications, including internal memos, press statements, or at least dedicated press releases. The absence of these materials does not mean the statement is untrue, but it suggests that readers should view the specific 12% figure as stemming from a single social post rather than confirmed company guidance.
In the midst of extreme market panic, the cryptocurrency’s CRO fell by 3%.
The narrative of AI efficiency is not new in the crypto space. Crypto.com is not the first company to publicly link layoffs with AI capabilities. Fintech payment company Klarna has publicly promoted AI tools replacing hundreds of customer service representatives for much of 2025, allowing the company to operate with smaller teams. This initiative included quantified productivity statements and repeated comments from executives.
In contrast, Crypto.com’s public materials on this move appear weak. Among the available evidence, there is no detailed explanation, productivity metrics, or comprehensive restructuring plan. The announcement is solely based on a social post from the CEO and amplified through secondary crypto news channels. For a company like Crypto.com, which maintains high visibility through large sponsorship deals and exchange growth, limited disclosure stands out.
Currently, the 12% figure remains a statement sourced from a single executive’s social post. The situation may change if Crypto.com issues a formal statement, documentation, or detailed explanation.