Turkish crypto exchange BtcTurk was hacked on June 8, 2025, losing $24 million in BTC, AVAX, and ETH. The attacker moved funds to exchange-mixing platforms. $BTC
Key Facts:
Exploit came from compromised hot wallet keys.
Exchange halted withdrawals and is investigating.
Users with cold storage funds are unaffected.
Always store major holdings in cold wallets, not on exchanges.