1 Billion Dollar Cryptocurrency Operation Based in Ankara

Turkish authorities conducted a major operation, "SİBERGÖZ-42," targeting the "Smart Trade Coin" platform, which falsely promised high returns with no risk. This Ankara-centered operation spanned 21 cities, resulting in the arrest of 127 suspects and the seizure of assets worth 1 billion TL. The suspects were involved in fraudulent activities, convincing investors to recruit others in a pyramid scheme. The Interior Minister emphasized the government's commitment to tackling cyber fraud.