BtcTurk Under Investigation for Potential Security Breach, Impact Limited to $48 Million

Recent cybersecurity alerts suggest a potential security breach at BtcTurk, one of Turkey’s largest cryptocurrency exchanges. The exchange halted deposit and withdrawal operations following the suspicious withdrawal of nearly $48 million in assets. BtcTurk has issued a statement addressing these concerns and reassured users that their assets remain secure despite this incident. Trading activities are unaffected, and the exchange is collaborating with authorities to investigate the breach thoroughly. 2025.