Turkey blocks accounts of Vebitcoin exchange platform, launches probe
Ece Toksabay, 2 April 2021
Turkish authorities blocked all onshore bank accounts of cryptocurrency exchange platform Vebitcoin in the country, and launched an investigation into the platform, the state-run Anadolu news agency said late on Friday.
The action came after Vebitcoin announced that it stopped all of its activities citing financial strains. It became the second Turkish platform in a week to face troubles, after authorities detained dozens of people with suspected ties to Thodex platform.
Vebitcoin, a digital asset trading platform based in Turkey, announced on Friday that it had stopped all activities “in order to fulfill all regulations and claims”. Continue reading “Article: Turkey blocks accounts of Vebitcoin exchange platform, launches probe”
