Exchange record
BtcTurk
Turkish centralized cryptocurrency exchange that suspended crypto deposits and withdrawals in August 2025 after suspicious hot-wallet outflows reported around USD 48-49 million, while stating that fiat functions and trading continued and that user assets were safe.
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Summary
Turkish centralized cryptocurrency exchange that suspended crypto deposits and withdrawals in August 2025 after suspicious hot-wallet outflows reported around USD 48-49 million, while stating that fiat functions and trading continued and that user assets were safe.
Timeline
BtcTurk experienced suspicious outflows from hot wallets in August 2025, with blockchain/security reporting and news sources estimating the affected value around USD 48-49 million.
BtcTurk suspended cryptocurrency deposits and withdrawals after the suspicious hot-wallet activity, while reports indicated Turkish-lira services and trading remained available.