The Canadian exchange QuadrigaCX went to the "technical work" against the backdrop of rumors of bankruptcy

The Canadian bitcoin exchange QuadrigaCX went offline on Monday evening without any prior notice, citing the technical work on the site as a reason.

The Exchange has not left any additional comments, whose clients have been trying to withdraw funds for several months without leaving, but users actively comment on the events in social networks.

In addition to explainable dissatisfaction with the fact that QuadrigaCX has stopped working without warning, there are also suggestions that the company is preparing to declare bankruptcy.

Over the past few months, QuadrigaCX has experienced problems with banking services. So, in October it became known that the exchange is not able to satisfy requests for withdrawal of funds due to the blocking of accounts connected by the payment operator Costodian Inc. servicing the site.

The story was continued in November, when the Supreme Court of Ontario refused to return the exchange of $ 19.6 million from its bank accounts. These funds in the accounting of the High Court to establish their owners had to transfer the Canadian Imperial Bank of Commerce (CIBC).

This, according to the court itself, could have belonged to QuadrigaCX itself, on which its management, Costodian, or 388 users who had placed these funds as deposits insisted.

The situation took an unexpected turn at all this month, when the stock exchange announced the sudden death of its CEO and President Gerald Kotten . QuadrigaCX has not yet provided evidence to confirm his death, but one theory is that the exchange does not have access to cold wallets, since only Cotten had access to them.

In January, QuadrigaCX announced the death of its CEO, Gerald Kotten.

As noted by CoinDesk , earlier in January, representatives of the exchange notified users through social networks and letters that they had made some progress in the matter of returning funds, managing to settle disputes with CIBC.

In particular, in his letter dated January 15, interim CEO of the company Aaron Matthews stated that the exchange expects to complete the refund process within two weeks, but this period expires today, and judging by the comments on Reddit, customers have not yet made their money have seen.

It is also reported that last Friday a meeting of shareholders of the company was to be held, at which a new management team was to be elected, but whether it actually took place remains unknown.

Recall, on the eve of the termination of work, the Ukrainian cryptocurrency exchange Liqui reported , the management of which a number of users suspect of exit-scam.

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