Turkey's largest Bitcoin broker is hacked and pauses withdrawals

The broker claims that no users were affected by the attack because the amount stolen would be an excess of their reserves.

The investigation indicates that the hackers would have converted the sum to Bitcoin, resulting in 710 BTC that were divided between two addresses.

Meanwhile, the Arkham Intelligence tool reveals transfers of several cryptocurrencies from the BtcTurk wallet in the last few hours. This includes US$2.1 million in Fetch.ai (FET), US$722 thousand in The Graph (GRT), US$553 thousand in Floki (FLOKI), among others.

However, it is possible that this movement is being made by the broker itself for security reasons. Finally, this is yet another reminder that a cryptocurrency broker is not a wallet. After all, although BtcTurk claims that its users were not affected, withdrawals are suspended indefinitely, making it impossible to access the money.#bitcoin $BTC