Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Users Cannot Access $2 Billion of Funds

A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with…

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Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea

The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including…

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Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis

Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have…

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