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Hacked Again? BtcTurk Suspends Withdrawals After $49 Million in Suspicious Transfers

2025-08-14 15:56:13

Hacked Again? BtcTurk Suspends Withdrawals After $49 Million in Suspicious Transfers

Main Idea

The article discusses various cybersecurity incidents in the cryptocurrency space, including a hack on Turkish exchange BtcTurk, North Korean hackers targeting Binance, and warnings from the FBI about fake law firms targeting crypto scam victims.

Key Points

1. Turkish crypto exchange BtcTurk froze customer withdrawals after blockchain analysts flagged suspicious transactions totaling nearly $50 million, following a previous hack in 2024 where $54 million was stolen.

2. North Korean hackers are attempting to infiltrate Binance by submitting fake resumes daily, as part of their broader strategy to target the crypto industry.

3. U.S. Treasury Secretary Scott Bessent stated that the U.S. government will not be purchasing Bitcoin, dismissing the idea of a strategic Bitcoin reserve.

4. The FBI issued a warning about fake law firms targeting crypto scam victims, exploiting those who have already fallen victim to fraudsters.

5. TRON founder Justin Sun filed a lawsuit against Bloomberg to prevent the publication of his crypto holdings, citing risks of theft, hacking, and personal harm.

Description

BtcTurk hasn't admitted whether it has indeed been hacked. But it wouldn't be the first time.

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