Amber Group rumored to acquire compliant exchange Sparrow, official response pending

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Amber Group rumored to acquire compliant exchange Sparrow, official response pending

According to The Business Times, amid reports of significant layoffs and downsizing, Amber Group, revealed in regulatory filings, has acquired Sparrow Holdings on 11/29, a company that owns the compliant exchange Sparrow. Amber Group has not responded to this development.

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According to The Business Times, reports suggest that Amber Group, which has been undergoing significant layoffs and downsizing, has acquired Sparrow Holdings as indicated in regulatory filings on 11/29. Sparrow Holdings owns the compliant exchange Sparrow. Amber Group has not responded to this development.

Just recently, Amber Group had caused concerns among the community due to various company issues.