Canada-based cryptocurrency exchange MapleChange vanishes! Is it suspected of a missing-run scam tied to funds embezzlement!?

Is Maple Change, Canada’s Exchange, an Exit Scam?

A small cryptocurrency exchange operating in Alberta, Canada, Maple Change (hereafter referred to as Maple Change) announced on its official Twitter on October 29 that it had "run out of funds to make payments" and halted cryptocurrency trading.We have run out of funds to make payments.

In response, various media outlets including CNN reported that this might be an "exit scam" where customers are deceived and funds are absconded.Exit Scam.

Below is a video summarized clearly by COINTELEGRAPH about this exit scam, so please take a look. (Duration: 36 seconds)

Why did Maple Change’s Exit Scam Happen?

Maple Change is a small Bitcoin exchange based in Alberta, Canada, with around 2,000 Twitter followers.

Source:Scribd

First, Maple Change disclosed on its Twitter that it had fallen victim to a "funds outflow," i.e., a hacking incident.

After revealing the hacking incident, they were explaining the situation to customers on Twitter regarding the hack.

However ..............To read more, see below ⇩

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