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Blockchain News

Law enforcement and Tether cooperate in a $500M cryptocurrency freeze targeting illegal betting operations in Turkey.
Blockchain News

Tether Freezes $500M in Turkey’s Unprecedented Illegal Betting Crackdown

February 9, 2026 j n

Istanbul, Turkey – April 2025: In a landmark move demonstrating the growing intersection of traditional law enforcement and digital asset oversight, Turkish authorities have successfully frozen approximately $500 million worth of the stablecoin Tether (USDT). This decisive action forms the core of a major crackdown on a sprawling illegal online betting network, signaling a new […]

Turkish flag over digital assets, symbolizing the Turkey crypto freeze bill and MASAK's new authority.
Press Release

Turkey Crypto Freeze: Alarming Bill Grants MASAK Sweeping Powers

September 30, 2025 coinpulse_staff

A significant development is unfolding in Turkey, capturing the attention of cryptocurrency enthusiasts globally. The nation is actively pursuing legislation that could drastically alter how digital assets are managed. This new bill aims to grant unprecedented powers to government bodies. It specifically targets the freezing of **cryptocurrency accounts** as part of a broader **anti-money laundering** […]