TechFlow, on August 14, according to CertiK Alert monitoring, suspicious withdrawals were detected from Turkish cryptocurrency exchange BtcTurk, with over $50 million withdrawn from three wallets.
According to BtcTurk's announcement, abnormal activity in its hot wallet was detected on August 14, 2025. As a precautionary measure, the platform has temporarily suspended cryptocurrency deposits and withdrawals until the investigation concludes. The official statement emphasized that the majority of assets are stored securely in cold wallets and that the company's finances remain sound, ensuring no impact on user funds. Turkish lira deposits, withdrawals, and trading functions remain unaffected. The platform has notified relevant regulators and implemented all necessary security measures.
