VERDICT —OUT OF SCOPE
Root cause is private-key / signer compromise — the on-chain contract behaved exactly as written. No pre-deployment source audit or bytecode review reaches the key-custody perimeter; this is operational-security territory (HSM/MPC hygiene, key rotation, hot-wallet isolation). Bytecode would show nothing wrong.
▰ METHOD
Private Key Compromised
PRIVATE-KEY
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
Classification: Infrastructure. Technique: Private Key Compromised. Target type: CEX. Affected chains: Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, Polygon. Implementation language: Solidity.
Sourced from
DefiLlama Hacks dataset · api.llama.fi/hacks
Technical record
- chain
- multichain
- protocol
- BtcTurk
- bug_class
- private-key
- date_occurred
- 2025-08-14
- loss_usd
- $48,000,000
- classification
- Infrastructure
- technique
- Private Key Compromised
- target_type
- CEX
- language
- Solidity
- source_id
- dl:adhoc:btcturk-:1755129600
Related — same bug class· private-key