Türkiye’s largest crypto exchange BtcTurk halts transactions amid alleged $48M breach

Logo of BTCTurk, Türkiyes largest cryptocurrency exchange, against a black background. (AA Photo)

August 14, 2025 05:12 PM GMT+03:00

BtcTurk, Türkiye’s largest cryptocurrency exchange, suspended deposits and withdrawals on Thursday afternoon, citing a “technical issue” in its hot wallets, while an alleged suspicious transaction worth $48 million raised attention over a potential breach. Hot wallets are online storage systems that hold a portion of users’ funds to ensure liquidity.

The company…

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