A recent development has emerged in the BTCTurk hack incident, revealing that the hacker responsible for stealing an unknown amount of crypto assets from the Turkish exchange has targeted another platform.
According to cryptocurrency investigator ZachXBT, the hacker not only breached BTCTurk but also infiltrated a platform called Sportsbet, making off with over $2.9 million in assets. These stolen assets from both incidents have now been combined.
In response to the hack, BTCTurk reassured its users that its financial reserves were sufficient to cover the losses incurred. Additionally, the initial hack coincided with a significant 10% decrease in the Avalanche (AVAX) token. ZachXBT noted that around 1.96 million AVAX tokens, valued at $54.2 million, were transferred to various exchanges like Coinbase, Binance, Gate, and notably, THORChain.
Please note that this information is not intended as investment advice. For trading in over 300 cryptocurrencies, you can sign up with Binance exchange using this link for a 20% COMMISSION DISCOUNT.
Stay updated with exclusive news, analytics, and on-chain data by following our Telegram and Twitter accounts.
