After two years of inactivity, the founder of the defunct Turkish cryptocurrency exchange Thodex has been extradited home. Albania has deported Faruk Fatih Ozer, the CEO, and founder of the defunct crypto exchange Thodex, to Turkey. According to Anadolu Agency, Turkey’s state-run news organization, local police took the 27-year-old under
The Floki ecosystem is added to the list of significant big shots that contributed to Turkey’s earthquake. On Monday, Floki announced an NFT sale to support earthquake relief efforts in Turkey. That featured “Turkey’s flag” in the form of 1.08 mins video and was named “Floki’s Turkey Earthquake Relief NFT”.
Ripple announced that it would contribute money to help those affected by the earthquakes in Turkey and Syria along with other businesses in the cryptocurrency sector. The commitment of $1 million in XRP by Ripple to help NGOs made public on February 15. According to estimates, a 7.8 magnitude earthquake
Turkey, the transcontinental western Asia peninsula country was hit by terrific earthquakes on Feb 6th. The country is scattered and the world is showing its support to the victims in various forms. The leading crypto firms and exchanges have also pledged to back Turkey in all possible ways. The first
Blockchain technology will be used in Turkey’s online public service login procedure. The Turkish government’s digital portal E-Devlet. Via which residents may access a variety of government services. Will soon require users to authenticate their identities using a blockchain-based digital identity before granting access. Vice President Fuat Oktay of Turkey
Central Bank digital currencies (CBDC) are central bank-issued digital tokens that function similarly to cryptocurrencies. They correspond in value to the national fiat currency of the nation. CBDCs are the subject of much research and development, with several nations having already adopted them. On Thursday, the Turkish Central Bank stated
BBC reported recently that the deportation of Faruk Fatih Ozer was agreed upon between Albanian and Turkish officials and that he has 15 days to challenge the decision. Last year, the 27-year-old and his struggling cryptocurrency trading platform, Thodex, gained headlines when he suspended trading and took the website down.
As part of their investigation into an unlawful gambling network, Turkish officials have confiscated $40 million worth of cryptocurrencies. When it comes to gambling, Turkey is quite strict. The government outlawed casinos in 1998. And since 2006, all forms of internet gambling have been illegal, with the exception of a
Interpol has begun the formalities necessary to extradite Zer back to Turkey. Local prosecutors are apparently seeking hundreds of years in prison. According to a statement released by the Turkish Ministry of Interior, the CEO of crypto exchange Thodex was apprehended in Albania. An international warrant was issued for Faruk
The Turkish Finance Minister discussed with CZ, about blockchain and cryptocurrency. Last year, Turkish authorities fined Binance with 750,000 dollars. On Wednesday, the Turkish Finance Minister Nureddin Nebati, virtually connected with Changpeng Zhao, the CEO of the Binance exchange platform. As per the tweet from Nebati, the recent discussion with
