BtcTurk

Unknown

Estimated loss

$90.00M

VERDICT —UNRATED

Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.

▰ METHOD

Undisclosed

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

The Turkish cryptocurrency exchange BtcTurk has acknowledged that they suffered a hack. The exchange halted deposits and withdrawals while investigating, and said they are working with law enforcement. Furthermore, the exploiter sold substantial amounts of some cryptocurrencies, including Luna Classic, causing major price movements in those tokens. Attack method (per SlowMist): Unknown. Reported loss: $ 90,000,000.

Primary source

https://www.web3isgoinggreat.com/?id=btcturk-exploited-for-at-least-55-million ↗

Sourced from

slowmist

Technical record