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BTCTurk stopped encryption withdrawals after the suspected penetration drained more than $ 48 million from its hot governorate. The attacker is laundering stolen money actively via multiple chains, and mainly transformed into the ether.
BTCTURK was suspended BTCTURK after a major security breach, with losses of more than $ 48 million.
The attacker began to switch ETHEREUM (ETH) via multiple chains. Currently, users who watch their money are left to be reinstated, while BTCTURK is scrambling to contain damage.
Suspicious defect
BTCTURK Curd clouds stopped And deposits on August 14 after discovering an extraordinary activity in its hot governorate. It was initially described as a “technical issue”, and has sparked the pause of warnings since then.
Source: x
Cybersecurity Cyvers informed suspicious transactions via ETHEREMM, Avalanche (Avax), ARB, Al Qaeda, Optimism (OP), Mantle (MNT), MATAT (MATAT), all of which indicate the exploitation of a coordinator.
The Stock Exchange assured users that its cold governor (where most assets are stored) are still safe, but the accident undermines confidence in the hotfor infrastructure in BTCTURK.
This incident follows a similar security breach of $ 55 million in 2024, which raises continuous concerns about the weak platform.
The infiltrator in this step, and the exchange is at a maximum alert
The attacker did not waste time and quickly started transferring money across the portfolio and replacing it to ETH using metamask.
Lookonchain at first I mentioned At least 23 million dollars in stolen assetswhile Blockchain center Loss of losses He is Closer to 50 million dollars.
Source: ethescan
BTCTURK has publicly confirmed a security breach, noting that the security teams that informed the authorities and made a full investigation.
Despite the accident, trading transactions and fascism continue to work, indicating that the breach was limited to the platform’s hot encryption portfolio.
In an official statement, BTCTURK said:
“During the inspections conducted on August 14, 2025, an unusual activity was discovered in our hot governor. As a preventive measure, coded currency deposits and clouds temporarily were suspended.”
At the same time, hACKERS actively wash the stolen assets via Blockchain networks, increases the race to track and freeze money before it disappears.
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2025-08-15 08:15:00
