Türkiye

It is reported that Metatime, Türkiye’s cryptocurrency exchange that has not yet started, has raised $11 million in seed funds. Türkiye investment company Yildiz Tekno GSYO and several unnamed angel investors participated in the investment. This Türkiye encryption startup is developing exchanges, wallets, blockchains, NFT markets and stable currencies. Interpretation of this information: Metatime, a cryptocurrency exchange in Türkiye, has reportedly raised $11 million in seed funds from a local investment company, Yildiz Tekno GSYO, and several angel investors whose names were not disclosed. The startup is yet to launch,…

It is reported that the judge of the Delaware Bankruptcy Court approved the removal of its Türkiye subsidiary FTX Turkey from the FTX bankruptcy case. After FTX filed for bankruptcy last November, Türkiye’s law enforcement authorities announced that the company’s activities in the local area were under investigation, and then ordered the confiscation of most of FTX’s assets in the country. FTX’s new management in the United States argued that it was futile to include FTX Turkey and SNG Investments (whose assets and activities were mainly limited to Türkiye) in…