Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$23,249.000.75%
  • ethereumEthereum$1,597.37-0.18%
  • xrpXRP$0.412542-0.53%
  • bitcoin cashBitcoin Cash$136.050.58%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Turkish Authorities Investigate Claims Of A $119M Dogecoin Mining Scam

John Wanguba by John Wanguba
August 27, 2021
in News, Regulation
Reading Time: 3min read
Turkish Authorities Investigate Claims Of A $119M Dogecoin Mining Scam
Rate this post

Turkish media has reported that authorities in the country are investigating claims of a Dogecoin (DOGE) mining scam that pulled the rug on investors after it amassed a staggering $119 million worth of deposits. The Unsuspecting DOGE investors were promised 100% returns in 40 days in exchange for depositing their funds.

An August 23 report from local channel TV100 broke this news, with the police identifying some pseudonymous online avatar “Turgut V.” As the scheme’s suspected operator.

Authorities are convinced that Turgut and 11 associates managed to gather nearly 350 million Dogecoin valued at about $119 million before disappearing. Turgut allegedly solicited investments from 1,500 Turkish citizens, increasing the excitement surrounding Dogecoin ‘mining’ operation at in-person networking events that were held at ritzy locations, and by using a Telegram group active online.

Investors were lured with a promise of 100% returns within 40  days and allegedly paid returns for nearly 3 months. The investors were told that the Dogecoin they had sent would procure new equipment to mine DOGE. Just like Bitcoin, DOGE is developed via Proof-of-Work mining, where the network participants compete to authenticate transactions and produce the next block by computationally solving several complex equations.

The miner that manages to solve the equation mines the network’s next block and receives all of the crypto contained within it as a reward. Operations ran smoothly for the first three months, with the early investors getting their returns as promised. Nonetheless, after the scheme’s total value locked (TVL) peaked at 350 million Dogecoin in its fourth month, the funds allegedly disappeared.

For now, the Chief Public Prosecutor’s Office of the Turkish suburb Küçükçekmece is conducting an investigation aiming to locate Turgut and his 11 associates. Authorities have already issued an order that restricts Turgut and Gizem N, from traveling outside the country.

The recently growing popularity of cryptocurrencies in Turkey has also introduced an increase in scammers who seek to leverage digital assets to dupe their victims out of their hard-earned cash.

At the end of April this year, Turkish authorities jailed six suspects who were associated with the collapse of Thodex, a local crypto exchange. Thodex abruptly stopped its withdrawal services earlier that month, stranding the users’ funds on the platform.

Also in April, four staff members of the local Vebitcoin exchange were apprehended for allegations of fraud a day after the platform announced that it would cease its operations.

Like what you're reading? Subscribe to our top stories
Tags: DogeDogecoinDogecoin scamPonzi schemeScamTurkeyTurkish regulators

Related Posts

Dogecoin (DOGE) Eyes More Utility As Twitter Usage Reaches All-Time High
Crypto news

Dogecoin (DOGE) Eyes More Utility As Twitter Usage Reaches All-Time High

November 18, 2022
Elon Musk Frees The Bird And The Dog Coin Soars
Analysis

Elon Musk Frees The Bird And The Dog Coin Soars

November 9, 2022
Fiat Currency Needs To Be Backed By Bitcoin Not Gold – Industry Experts
Analysis

Fiat Currency Needs To Be Backed By Bitcoin Not Gold – Industry Experts

October 8, 2022
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.