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Turkish crypto exchange BTCTurk warns of security incident after $49 million leaves platform

ID: de8da1fe-75cb-5992-acdc-eb965ba7d748

STIX ID: report--de8da1fe-75cb-5992-acdc-eb965ba7d748

Feed Name: The Record from Recorded Future News

Threat Score
70/100

Date Published: 2025-08-14

Date Updated: 2026-05-01

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BTCTurk temporarily suspended deposits and withdrawals after security firms detected about $49 million in cryptocurrency leaving the platform's hot wallets; the exchange launched an investigation, notified law enforcement, and stated that the majority of assets are secured in cold wallets while trading operations continue.

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