According to CertiK Alert, suspicious withdrawals from BtcTurk have reached roughly $54 million, prompting the exchange to halt crypto transactions while assuring asset security and regulatory compliance.
On August 15, CertiK Alert reported that suspicious withdrawals from Turkish cryptocurrency exchange BtcTurk have risen to about $54 million. BtcTurk confirmed detecting abnormal activity in its hot wallet and temporarily suspended cryptocurrency deposits and withdrawals for investigation. The exchange stated that most assets remain in secure cold wallets, user funds are unaffected, financial stability is intact, and Turkish lira transactions continue normally. Regulatory authorities have been informed and full security measures are in place.