Turkish police have arrested 24 people allegedly involved in a 13 million Turkish lira ($2.47 million) hack from an unnamed crypto firm in Istanbul, local government-backed media Daily Sabah reported on Feb. 12.
Following a report of an alleged hack from a crypto-related company in Istanbul, the city police’s Cybercrime Department found that that stolen money was moved out directly from hacked accounts to accounts on other exchanges. The money was reportedly stolen in major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).