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).
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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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