Another Turkish bitcoin (BTC) exchange suddenly out of the blue

Another Turkish cryptocurrency exchange has suddenly closed its doors. This time it is about Vebitcoin, one of the larger exchanges in the country. The police have now arrested four employees of exchange.

It is no longer possible to trade in crypto on the exchange’s website. Instead, you can only read a message in which the platform announces that it is in a difficult financial situation:

“Recent developments in the crypto industry have made transactions on our platform much more intense than expected. We regret to announce that this has put us in a very difficult financial situation. We have decided to discontinue our activities to comply with all regulations and claims. We will inform you as soon as possible. ”

It is not immediately clear what is meant by “the recent developments in the crypto industry”. It probably has to do with the recent announcement that the Turkish government will ban crypto payments.

However, it recently became clear that at least there will be no total ban on crypto in the country. However, the laws and regulations for the crypto sector will be tightened, including the ban on payments with crypto.

This makes the news about Vebitcoin remarkable. Yesterday, therefore, four people were arrested. Mehmet Nadir Yağcı, the prosecutor in Muğla, Turkey, said the following about this yesterday:

“Following the searches and seizures carried out at the company’s headquarters and at some addresses, four people, who are company directors and employees, were arrested. The investigation carried out by the Cybercrime Department of Muğla Police is conducted in a versatile and accurate manner. ”

Vebitcoin is not the first Turkish exchange to hit the news this week. Another exchange, Thodex, hit the headlines after the platform suddenly went offline. This is believed to be an exit scam. People have also been arrested in this case.

12 Comments

  1. I’m truly enjoying the design and layout of your blog.
    It’s a very easy on the eyes which makes it
    much more enjoyable for me to come here and visit more often. Did you
    hire out a developer to create your theme? Exceptional
    work!

  2. Hello, i think that i saw you visited my web site thus i came to return the want?.I am attempting to in finding
    issues to improve my website!I guess its good enough to
    make use of some of your concepts!!

  3. Its like you read my mind! You appear to know so much
    about this, like you wrote the book in it or something.
    I think that you can do with some pics to drive the message home a bit,
    but instead of that, this is magnificent blog.
    A fantastic read. I’ll definitely be back.

  4. Definitely believe that which you said. Your favorite justification seemed
    to be on the net the simplest thing to be aware of.
    I say to you, I definitely get annoyed while people consider
    worries that they just do not know about. You managed to hit the nail upon the top and defined out the whole thing without
    having side-effects , people could take a signal.
    Will likely be back to get more. Thanks

  5. Appreciating the time and energy you put into your site and in depth information you
    present. It’s awesome to come across a blog every once in a
    while that isn’t the same unwanted rehashed material.
    Fantastic read! I’ve saved your site and I’m including
    your RSS feeds to my Google account.

  6. I have been exploring for a little for any high quality articles or weblog posts in this sort
    of space . Exploring in Yahoo I ultimately stumbled upon this site.
    Studying this info So i am glad to express that I’ve an incredibly
    good uncanny feeling I came upon just what I needed.
    I most for sure will make sure to do not overlook this
    website and give it a look regularly. asmr https://app.gumroad.com/asmr2021/p/best-asmr-online asmr

  7. hi!,I really like your writing very so much! percentage we be
    in contact more about your post on AOL? I require an expert on this area
    to resolve my problem. Maybe that’s you! Looking forward to
    see you. scoliosis surgery https://0401mm.tumblr.com/ scoliosis surgery

  8. Today, I went to the beach front with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.”
    She put the shell to her ear and screamed. There
    was a hermit crab inside and it pinched her ear.
    She never wants to go back! LoL I know this is totally off topic but I had
    to tell someone! cheap flights http://1704milesapart.tumblr.com/ cheap flights

Leave a Reply

Your email address will not be published.