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Istanbul Attorney General’s Office

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Turkey prosecutors secure freeze of $544m in assets linked to alleged betting network

The Istanbul Attorney General’s Office said a cryptocurrency company froze more than $544 million in assets tied to Veysel Şahin, which the source later identified as Tether Holdings SA. Prosecutors allege the assets came from unlicensed gambling platforms and money laundering; Tether’s chief executive said the company reviewed the request and acted under Turkish law.

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