Incident All ledgers
BtcTurk: $54.0m
BtcTurk lost $54.0m on 22 June 2024. Ranked 69th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 22 June 2024
- Lost
- $54.0m
- Returned or repaid
- None recorded
- Target
- CEX
- Category
- Key Compromise
- Method
- Hot Wallet Key Compromised
Turkish exchange BtcTurk lost roughly $54-55M on June 22, 2024 after attackers compromised private keys for 10 hot wallets, targeting Avalanche holdings. Binance froze $5.3M of the funds.
Against the ledger
- It ranks 69th of the 1,272 incidents with a known loss, and 5th in 2024.
- It accounts for 47.0% of the $114.9m in known losses in June 2024.
- 153 incidents in the ledger are classified as Key Compromise, for $8.96bn in total. This one is 0.6% of that.
- The ledger records no returned funds.
Other incidents named BtcTurk
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 14 Aug 2025 | BtcTurk | $48.0m | CEX | Hot Wallet Key Compromised | — |
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 26 Jul 2023 | AlphaPo | $60.0m | CEX | Hot Wallet Key Compromised | — |
| 14 Sept 2018 | Zaif | $60.0m | CEX | Hot Wallet Key Compromised | — |
| 12 Sept 2023 | CoinEx | $55.0m | CEX | Hot Wallet Key Compromised | — |
| 24 Feb 2025 | Infini | $49.5m | DeFi Protocol | Private Key Compromised | — |
| 27 Nov 2019 | Upbit | $49.3m | CEX | Hot Wallet Key Compromised | — |
All failures in 2024 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “BtcTurk, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/btcturk-2024-06-22/. How this is built