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Turkish authorities have seized assets tied to the collapsed FTX exchange and its founder, Sam Bankman-Fried, as part of a widening fraud probe. The investigation highlights growing regulatory scrutiny in one of the world’s most crypto-friendly markets.
- Turkish regulators seized assets connected to FTX and launched a fraud investigation involving founder Sam Bankman-Fried.
- FTX's Turkish branch faces allegations of failing to protect users, with authorities citing 'strong suspicion of crime'.
- The case highlights crypto risks in Turkey, where citizens increasingly turned to digital assets amid hyperinflation.
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