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Crypto Exchange BtcTurk Experiences $48M Worth of Suspicious Outflows Amid Hack Fears

Summary by Coin Desk
Blockchain sleuths flag suspicious multi-chain transfers from the Turkish exchange, prompting a suspension of deposits and withdrawals.

8 Articles

BtcTurk, one of Turkey's leading cryptocurrency exchanges, was shaken today by suspicious activity detected in its hot wallets. This temporary suspension of cryptocurrency deposits and withdrawals sparked allegations that hackers had stolen $48 million. So, what happened at BtcTurk? How were users affected? Here are the details...

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Coin Desk broke the news in Manila, Philippines on Thursday, August 14, 2025.
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