Security· ★★★· neutral·

Turkish crypto platforms review Binance ties after $6.3B security incident

  • —Binance said on Oct. 30 that about $6.3 billion in assets was affected, with roughly $3 billion frozen
  • —Midas Kripto uses Binance Cloud for custody and Binance Global for its order book, per Coinkolik
  • —No verified data shows the incident hit client assets at Midas or other Turkish platforms
  • —Turkish crypto providers have been under SPK oversight since 2024, with custody rules detailed in 2025
Why it matters: The case raises the question of who is accountable for client assets when a foreign infrastructure provider is breached.
#BNB
Source: Coinkolik
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