MapleChange
| Primary URL | Location | Industry | maplechange[.]com |
Country
Canada
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Financial Services
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|---|
Profile
MapleChange was a cryptocurrency exchange headquartered in Canada that provided a platform for users to trade digital assets. The service allowed customers to deposit, withdraw, and exchange various cryptocurrencies. Bitcoin was among the assets involved in the reported loss incident. The exchange operated primarily through its website and associated online interfaces.
In October 2018, MapleChange reported losing 913 Bitcoin, valued at approximately six million dollars, due to a claimed system bug that enabled unauthorized withdrawals. Following the loss, the exchange announced its closure and stated it could not issue refunds to affected users. Subsequently, the platform removed its social media accounts and took its website offline. Industry analysts and commentators expressed skepticism, suggesting the event resembled an exit scam rather than a genuine security breach.
Investigations cited in public sources noted falsified domain registration details and alleged links between the exchange’s operators and other cryptocurrency projects, though no definitive evidence of collusion was established. The incident contributed to broader criticism of smaller exchanges’ security practices and fund management procedures. No explicit information regarding MapleChange’s ownership, parent company, or subsidiary structure is available in the provided material.