Former employees of Neo & Bee have taken to reddit to voice their version of the events that led to the demise of the Cyprus-based bitcoin company.

The post, which is signed by Neo & Bee’s former COO George Papageorgiou and former compliance and risk management officer Øystein Aaby, details their view that they were “misled” throughout the company’s operation.

The post follows the publication of a statement on reddit by the company’s CEO Danny Brewster on 15^th April. He asserted that he has in no way committed fraud and has not embezzled customer or company funds, as has been suggested.