Coinone, a South Korean cryptocurrency exchange, has reportedly suggested voluntary resignation to around 30 employees since April, according to Chosun Biz. This move impacts approximately 1 in 7 of Coinone's 219 employees. Reports indicate that 15 employees who declined voluntary resignation are currently on standby at home, raising concerns about potential further workforce reductions. The reasons behind the suggested resignations haven't been officially disclosed. This news surfaces amidst a challenging period for the cryptocurrency market, with decreased trading volumes and regulatory uncertainty impacting profitability for many exchanges. While Coinone hasn't confirmed any specific financial difficulties, industry analysts suggest that the move could be a cost-cutting measure in response to the current market conditions. The long-term impact on Coinone's operations and its market position remains to be seen. ```