Home Crypto A Canadian cryptocurrency exchange has shut down after reportedly being hacked, refuses to issue refunds

A Canadian cryptocurrency exchange has shut down after reportedly being hacked, refuses to issue refunds

by Safdarali Rizvi
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Earlier in the week, a cryptocurrency exchange based out of Canada announced that it has become the latest victim of hackers, claiming that every single penny in its exchange has been stolen as a result of it. However, some individuals have suspected that something even more conspicuous may be on.

In a Twitter post which has now been deleted, MapleChange stated that

“due to a bug, some people have managed to withdraw all the funds from our exchange”.

The tweet further stated,

“we are in the process of a thorough investigation for this. We are extremely sorry that it has come to end like this. Until the investigation is over, we cannot refund anything”.

MapleChange then posted a tweet which sends shockwaves across the entire crypto space as it said, “we have no more funds to pay anyone back,  the exchange has to close down”.

After a fair share of time after posting these tweets,  MapleChange’s social media accounts were also taken offline.

After more suspiciously, a couple of days back the Canadian exchange reported that it finished with upgrading its servers and that “Version 2.0 is now online and available for everyone”. However 18 hours later, the news of the hack was reported which came as a fatal blow to the exchange.

Notably several individuals have raised questions, demanding an explanation of whether people behind MapleChange are the ones involved in the deception themselves, and the deletion of its social media profiles all but add more fuel to the fire asking if it is some kind of ‘exit scam’.

In total, as per reports, MapleChange had nearly 913 Bitcoins of several holders, that equates to $6m. Anyone from the MapleChange team is welcomed to give an opinion on this budding controversy, we at Bittmint would gladly oblige to so as if they agree to it.

 

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