Turkey has launched an investigation into allegations of fraud by the former CEO of cryptocurrency exchange FTX SBF.
Ankara’s state-run news agency added that assets of FTX affiliates have also been seized during an investigation into the fraud allegations. New investigation launched by the Financial Crimes Investigative Council (MASAK).
Finance Minister Nureddin Nebati said in his statement that the cryptocurrency market must be approached with the utmost caution, arguing that the industry presents both new risks and opportunities.
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