When the restructuring was first revealed, it was estimated that 115 positions were at risk. However, negotiations between management and labor representatives resulted in a reduction of the impact, with alternative positions found for approximately 40 employees
Bit4You was forced to halt its services after losing its licence due to the bankruptcy of its Estonian service provider, CoinLoan. The collapse led to millions of euros worth of cryptocurrencies being frozen, sparking legal battles as creditors sought reimbursement
