The bear market induced losses are shaking the foundations of one the even most influential Crypto market players with the massive layoffs, lawsuits & a doubtful IPO launch. The most recent news to hit the wires is the suspending of mining operations in its Texas, US based facility. This follows the news earlier that Jihan Wu and Micree Zhan Ketuan were stepping down as the co-CEOs of the company as a part of the massive restructuring. Certainly not good news for the Cryptoverse. Wonder what would prove as the last straw for the mining giant?