Cryptocurrency trading platform BTCTurk suffered another hacker attack, resulting in losses of approximately $48 million.
TL;DR
Turkish crypto exchange BTCTurk was hacked again, losing about $48 million. Stolen funds were moved across Ethereum, Arbitrum, and Polygon chains, with hackers converting assets to ETH.
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According to Foresight News , AnChain.AI has reported that Turkish cryptocurrency exchange BtcTurk has been hacked again, resulting in a loss of approximately $48 million. The funds were transferred between chains such as Ethereum, Arbitrum, and Polygon before being deposited into an address starting with 0x0fe4, which currently holds 3,845 ETH.
According to a previous report by Foresight News , Lookonchain monitoring revealed that Bitcoin Turk was hacked in August 2025, resulting in a loss of over $48 million. The hackers are currently converting the stolen assets into ETH.