BtcTurk Reports $48 Million Loss, Funds Moved Across Ethereum, Arbitrum, Polygon
BtcTurk incurred a $48 million loss on Jan. 1, on-chain data from AnChain.AI show. The funds moved across Ethereum, Arbitrum and Polygon networks before consolidating at a single address. BlockBeats previously reported the exchange suffered a roughly $54 million loss in August 2025.