Home Business News Four people were arrested after Turkish exchange Vebitcoin closed according to Cointelegraph

Four people were arrested after Turkish exchange Vebitcoin closed according to Cointelegraph


Four people were arrested after Turkish exchange Vebitcoin closed

When the nationwide crypto ban went into effect, multiple Turkish exchanges were now under investigation with 4 employees of the recently closed Vebitcoin exchange arrested this morning for alleged fraud.

Last night, Vebitcoin announced that it would be shut down in a short statement posted on its website, claiming that unspecified financial stress led to the decision – possibly caused by an unusually high amount of withdrawals leading to Turkey’s upcoming crypto ban.