The ongoing investigation into illegal sports betting in Turkey has expanded to include the cryptocurrency sector. Erden Timur, former vice president of Galatasaray and a real estate mogul with a net worth exceeding $550 million, has been formally arrested on charges of money laundering. Prosecutors allege that Timur's real estate company, NEF, engaged in suspicious financial transactions with individuals involved in the case through cryptocurrency platforms. The case has been transferred to judicial authorities specializing in counter-terrorism financing and anti-money laundering.
Turkish Illegal Sports Betting Probe Implicates Crypto Sector
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