{"id":236061,"date":"2021-04-26T21:40:02","date_gmt":"2021-04-26T18:40:02","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/turkey-arrests-4-in-new-digital-currency-platform-probe\/"},"modified":"2021-04-26T21:40:02","modified_gmt":"2021-04-26T18:40:02","slug":"turkey-arrests-4-in-new-digital-currency-platform-probe","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/turkey-arrests-4-in-new-digital-currency-platform-probe\/","title":{"rendered":"#Turkey arrests 4 in new digital currency platform probe"},"content":{"rendered":"

“#Turkey arrests 4 in new digital currency platform probe<\/strong>”<\/p>\n

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\"cryptocurrency\"
\n Credit: Pixabay\/CC0 Public Domain
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Turkish authorities arrested four people Monday on fraud charges in connection with an investigation into a local cryptocurrency trading platform\u2014the second to be probed in recent days.<\/p>\n

Vebitcoin CEO Ilker Bas, his business partner\u2014who is also his wife\u2014and two other employees were detained in western Mugla province.<\/p>\n

The digital currency platform said it had shut down operations this week due to financial difficulties. Turkish authorities blocked the company’s bank accounts.<\/p>\n

Vebitcoin is the second cryptocurrency platform in Turkey to come under investigation over the past week.<\/p>\n

Authorities believe another named Thodex defrauded some 391,000 people out of an estimated $2 billion in investments. An international arrest warrant has been issued for its owner, Faruk Fatih Ozer, and 62 others were detained.<\/p>\n

Earlier this month, Turkey’s central bank announced that it was banning the use of cryptocurrencies to pay for goods, arguing that they presented “irrevocable” risks.<\/p>\n

The decision came as many in Turkey have turned to cryptocurrencies to shield their savings from rising inflation and the Turkish currency’s slump.\n <\/p>\n\n

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Turkey probes second crypto exchange as market implodes\n <\/p><\/div>\n

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\n \u00a9 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.<\/p>\n

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\n Turkey arrests 4 in new digital currency platform probe (2021, April 26)
\n retrieved 26 April 2021
\n from https:\/\/techxplore.com\/news<\/a>\/2021-04-turkey-digital-currency-platform-probe.html<\/p>\n

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