RATE Group | Exit Scam or Hack? Canadian Cryptocurrency Exchange Drama
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Exit Scam or Hack? Canadian Cryptocurrency Exchange Drama

29 Oct Exit Scam or Hack? Canadian Cryptocurrency Exchange Drama

Posted at 10:52h in Cryptocurrency News by

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MapleChange, a cryptocurrency exchange based in Edmonton in Canada, claims to have had all its money stolen. Many do not believe this story because the exchange deleted its internet presence, before re-appearing after people published the address of the owner.

“we have no more funds to pay anyone back”

Tracking this story through the migraine-inducing tunnels of Twitter, the facts appear to be as follows:

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  • 22.10.18 – MapleChange boasted of handling trades worth a total of 9.837 BTC ($63,693).
  • 27.10.18 – MapleChange temporarily took the site down in order to upgrade the server, which it said was completed successfully.
  • 28.10.18 – MapleChange informed users via its Twitter profile: “We have sustained a hack, and we are investigating the issue.”
  • 28.10.18 – MapleChange informed users via its Twitter profile: “Due to a bug, some people have managed to withdraw all the funds from our exchange. We are in the process of a thorough investigation…

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