Turkish Crypto Exchange Linked to Premier League Sponsor Hull City at Center of Fraud Scandal
The owner of Turkish crypto exchange Tomya, which sponsors Hull City soccer team, is among 25 people detained in a fraud investigation by the Istanbul Büyükçekmece Chief Public Prosecutor's Office. While there are no specific allegations against Tomya, the firm's affiliation with Hull City has made the story newsworthy in Turkey. The investigation comes as the country prepares to introduce crypto legislation, following an 11,196-year sentence handed out to the individuals behind collapsed exchange Thodex. The investigation into Tomya was reportedly triggered by a complaint from an investor who claimed to have been defrauded of $211,500.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
