CoinMachine hacked?

The PTC site CoinMachine had announced and claimed that they were hack and got their database altered.. here is the email from new CoinMachine admin, Justin.

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Hello,

Some Of You Noticed That The Site Was Down Randomly Yesterday. We Had A Hacker Break In To The Site and Create Thousands Of Dollars Worth Of Ads and Alter Some User Data. Before Leaving The Hacker Erased All User Earning Information ( Most Of Witch Was Fake ) and Insured We Couldn't Back Up Recent User Data.

What This Means For You:

Because We Can't "Figure Out" How Much Each User Had and Can Not Use A Database That Is Missing Over 300 Members That Is A Month Old Everyone's Earnings Are Back To: $0.00

We Are Sorry That Everyone Has Lost Their Earnings, but There Is Nothing We Can Do. We Have Discovered The Flaw That Was In Our Script and Have Fixed It So That This Will Never Happen Again. Also We Will Be Instituting More Layers Of Security In The Future.
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When I logged into the site, I noticed that my cashout request of $0.27 was canceled and was never returned to my earnings. While the admin says his sorry, I am also sorry to say that we can no longer trust this site. There are some anomalies with regards to this incident.

Something's Fishy!

Following Josh Rodarte's farewell, we have found some unusual changes on the site that lead us to predict its eminent downfall. The first changes were the sudden increased in ads, and earning potential for members. We have doubts that the PTC site had been throwing ads from BlackGold PTC for free, thus, doubling his advertisers chances to get visitors for the same cost, but disregarding his member's efforts. The move of suddenly claiming a hack was to be expected. This claim will free the admin from responsibility and excuse him for inability to pay. While this opinion is just a personal opinion, we still feel that it was the admin's responsibility to protect the site from any attacks. Well, this hack thing has not happened while Josh Rodarte was still in-charge, so we highly suspect that something's fishy is really going on.

To support this opinion, we found a message straight from Josh Rodarte himself.. here is the link:
http://talkptc.com/forum/index.php?topic=1767

As you can see, even the former admin was having doubts of the new admins suspicious actions.

We will keep investigating on this site, but for now, we will remove it from the Paying Sites List. Looks like a Red Flag has been raised.