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Booking dot com cancellation on their end the night before

Hi all, just a query regarding booked and paid for accommodation.

We booked and paid for an apartment in Manchester for Saturday night through a booking website, so this is literally tomorrow, and we booked this months ago, and at 7pm tonight this was cancelled due to something about a technical issue and we shouldn’t have been able to book that place for that date in the first place, which is plausible, mistakes happen.

However, since my partner has shared this dismay on social media, four other people who are our friends, and who are attending the same event in Manchester as us tomorrow have had theirs cancelled as well with similar reasons given.

I may be totally wrong but this stinks of profiteering to me, resell these highly in demand places for a much higher price this close to the event, by my logic it’s too much of a long shot to be a genuine coincidence.

Pure speculation here and no idea if this could be proven either way, but say my theory is correct, is that even legal?

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