The cryptocurrency platform BtcTurk halts withdrawals after a breach and seizure of assets worth $48 million

The Turkish cryptocurrency trading platform BtcTurk temporarily halted deposit and withdrawal operations after detecting a seizure of crypto assets from its active wallets on August 14, 2025. The cybersecurity company Cyvers announced the discovery of assets worth $48 million, including coins such as ETH, AVAX, ARB, BASE, OP, MANTLE, and MATIC, which were transferred to other wallets and began being exchanged.

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