Data leak [loss] $49M+

"Turkish crypto exchange BTCTurk warns of security incident after $49 million leaves platform"

2025-08-14 [vendor] BtcTurk
Primary Source ↗
Financial Loss $49.0M (49,000,000 USD)

Incident Details

The Turkish cryptocurrency exchange BtcTurk has apparently been hacked again, as various blockchain security firms observed suspicious withdrawals estimated at around $49 million. BtcTurk later acknowledged it had experienced “unusual activity” in its hot wallets, and had suspended deposits and withdrawals. They did not provide any more details about the scale of the attack.This is the second BtcTurk exploit, following an approximately $55 million theft in June 2024.

Total loss estimated at $49,000,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
BtcTurk

Timeline

  1. 2025-08-14 Breach occurred
  2. 2025-08-14 Publicly disclosed