Bitexen Owner Kemal Cenk Erdem Arrested
The owner of the cryptocurrency platform Bitexen, Kemal Cenk Erdem, has been ordered to be arrested. Erdem was detained as part of the DynamicPay investigation conducted by the Istanbul Chief Public Prosecutor's Office and was brought before a magistrate court, where he was arrested on charges of concealing the illicit source of assets. The court ruling stated that Erdem is not a direct shareholder or board member of DynamicPay, but is the husband of the company's founder, Ayşin Erdem. Additionally, connections between Bitexen and DynamicPay were highlighted, with nearly 100 million TL in two-way money movements detected. The court expressed findings related to facilitating money transfers linked to illegal gambling and laundering of assets derived from crime. In his statement before the court, Erdem denied the charges and claimed that he did not engage in any commercial activities between Bitexen and DynamicPay. In an operation conducted on August 25 as part of the investigation into DynamicPay, 13 suspects were detained and the company was seized.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Copper CEO Departs as Sale Negotiations Enter Fourth Month

President Nawrocki Introduces Cryptocurrency Bill

Sality botnet disruption leaves address-swapping malware active

SEC Proposes to Modernize Agent Rules to Include Cryptocurrencies

Kalshi's Commodity Monthly Trading Volume Exceeds $400 Million, Growth Rate Surpasses Early Crypto Futures Market

RAILGUN Draws Attention Due to Cryptocurrency Money Laundering Risks

Payment Pathways for Groceries and Fuel Using USDT in India

Ukrainian Investment Fraud Network Disrupted, 62 Victims from 20 Countries

Swedish Tax Agency Recovers $56.5 Million from Six Crypto Mining Companies

British Man Recovers 61 Bitcoins Worth $4.4 Million

Trezor Announces Expansion of Data Breach Impacting Approximately 67,000 U.S. Customers

Australia cancels GetCoins registration over scam complaints

Polish Prosecutors Charge Fifth Suspect in Zondacrypto Case

Chilean Exchange Orionx Suspends Withdrawals, Over 100,000 Users Unable to Retrieve Full Assets

Crypto Activity in France Reaches $9.4 Billion by 2025

TokenPost Ranks Second in Global Cryptocurrency Media Traffic for August

Government Refutes Claim That 86% of Cryptocurrency Transactions Are Tax-Free

$140.25 Million in Cryptocurrency Venture Investments in September, PolyMarket Accounts for 79%

Korbit's Stablecoin Trading Volume Increases by 71.2%

On-chain Cryptocurrency Trading Volume in the Middle East and North Africa Increases to $350 Billion

Novak Couple Murder Case Under Trial in Russia

Orionx Ceases Operations, Over $7 Million Funding Gap

FBI Seizes Over $560,000 in Cryptocurrency, Gains Information on Potential Hamas Donors

Mexican Pleads Guilty to Laundering 4 Million Dollars Through Cryptocurrencies

Multiple Murder in Mexico Linked to Cryptocurrency Theft

UK Investor Recovers Lost Bitcoin from 2012, $2,000 Investment Now Worth $4.5 Million

South Korean Man Sentenced to One Year in Prison for Failing to Declare Cryptocurrency Withdrawal Operations

Expansion of Traditional Asset Perpetual Futures Trading to $778 Billion

Argentine Diego Sebastián Rosen Ferlini Accused of Murder and Fraud






