May 7, 2025

Binance Freezes $5.3M Funds Aligning with Investigation on BtcTurk Exploit

1 min read

Binance CEO Richard Teng announced the crypto exchange’s alliance with the largest Turkish crypto exchange, BtcTurk, to investigate the latter’s recent exploit. Consequently, Binance froze over $5.3 million in stolen funds. On June 22, BtcTurk revealed that the platform faced a cyber-attack that affected cryptocurrencies stored in hot wallets. However, the company assured that the The post Binance Freezes $5.3M Funds Aligning with Investigation on BtcTurk Exploit appeared first on Coin Edition .

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