Bitcoin Exchange Cointrader Shuts Down After Alleged Hack

Canada-based bitcoin exchange Cointrader announced earlier this week that it was shutting down following what it claimed was a debilitating hack.
According to a notice posted to the service’s website, the exchange has “closed its doors effective immediately”. Unconfirmed emails sent to users and shared on social media claim that an internal audit showed ‘a deficiency of bitcoin” in company wallets that was causing a delay in withdrawals.
The email explained:

This post was published at Coin Desk on March 30, 2016.