BtcTurk Sees $48 Million In Suspicious Outflows, Suspends Crypto Withdrawals And Deposits
Earlier today, wallets tied to crypto exchange BtcTurk reportedly transferred more than $48 million worth of digital assets. This movement has raised suspicions of a potential security breach.
BtcTurk Suspends Crypto Withdrawals, Deposits
According to an X post by blockchain security entity Cyvers Alerts, outflows of over $48 million in cryptocurrencies were detected in “unusual activity” across multiple blockchain networks involving the Turkish exchange BtcTurk.
Cyvers Alerts noted that their system flagged alerts from blockchains such as Ethereum (ETH), Avalanche (AVAX), Arbitrum (ARB), BASE, Optimism (OP), Mantle (MANTLE), and Polygon (MATIC). Most of the transferred funds were deposited into two addresses. The firm added:
The…
