Turkey

Faruk Fatih Özer, the CEO of the now-defunct Turkish crypto exchange Thodex, has been captured by authorities in Albania and is likely to be extradited to Turkey, as confirmed by Turkey's Interior Ministry. Before ceasing its operations unexpectedly in April 2021, Thodex was among Turkey...

Days after vowing to teach the U.S. a "lesson," the Turkish President said his triumph in the country's upcoming elections would send a message to the West. What Happened: Recep Tayyip Erdogan, in an interview with CNN-Turk television late Wednesday, said he was witnessing strong support from his...

Turkish President Recep Tayyip Erdogan on Sunday slammed the U.S. after Ambassador to Ankara met the presidential candidate of the main opposition Republican People’s Party. What Happened: Erdogan slammed the U.S. and said America needs to be taught a lesson after Jeff Flake met...

Turkish cryptocurrency exchange Metatime, which has not yet launched, has secured $11 million in seed funding from unnamed angel investors and the Turkish investment firm Yildiz Tekno GSYO. Several large businesses in Turkey, including Halkbank, Turk Telecom, and Kalyon Holding, are the firm's...

Turkey fined Twitter CEO Elon Musk on Monday for his takeover of the social media platform last year.  What Happened: The Turkish Competition Board said they decided to impose a fine on Musk as his takeover of the social media giant occurred without the board’s permission. See Also: Elon...

The Finnish Parliament on Wednesday overwhelmingly passed all the legislation necessary for joining NATO amid growing security fears as Vladimir Putin‘s invasion of Ukraine intensifies. What Happened: Out of Finland's 200-member Parliament, 184 voted in favor of the Nordic nation joining NATO...

U.S. Secretary of State Antony Blinken promised another $50 million in aid to earthquake-hit Turkey on Sunday.  What Happened: Blinken, who is in Turkey for an official visit, said the President Joe Biden-led administration would provide longer-term help to Ankara as it seeks to rebuild...

U.S. President Joe Biden promised assistance to Turkey after a series of earthquakes killed thousands of people. What Happened: Biden spoke to Turkish President Recep Tayyip Erdogan and offered to provide “any and all needed assistance.” The U.S. president said he had directed his team...

With the recent earthquakes in Turkey having a devastating impact on the region, claiming thousands of lives and leaving many more people in need of aid and support, the global cryptocurrency community has stepped up to offer its support, with many local and international crypto exchanges...

It was hardly a slow-news weekend as the U.S. took some coercive action on the Chinese spy balloon hovering in its airspace, and Turkey and Syria suffered a horrendous earthquake that claimed hundreds of lives. On the business side of things, Apple Inc. (NASDAQ: AAPL) looks like it's coming up...

SpaceX CEO Elon Musk offered help to Turkey after a massive earthquake led to the deaths of hundred of people and caused "severe communication shortages." What Happened: Musk, while replying to a tweet asking for help for Turkey after an earthquake caused infrastructural damage, said he...

Over 50 people died and hundreds of others were trapped under debris in southern Turkey on Monday after a major earthquake of magnitude 7.9 collapsed dozens of buildings.  What Happened: The tremors of the massive earthquake that triggered a search for survivors under the rubble in snowy streets...

FTX and its affiliated debtors have asked the U.S. Bankruptcy Court in the District of Delaware to exclude two of its subsidiaries in Turkey, FTX Turkey and SNG Investments, from the ongoing bankruptcy case. What Happened: This motion was filed as FTX, aka FTX Trading Ltd., and its...

Turkish President Recep Tayyip Erdogan said on Monday the country has raised its estimate of natural gas reserves in the Black Sea by about a third, following an appraisal work at an existing field and a separate discovery. What Happened: Turkey now estimates its offshore fields hold around...

Turkish President Recep Tayyip Erdogan, on Sunday, warned that his country would not sit by idly if Greece continues to arm its islands in the Aegean. What Happened: Erdogan said Turkey‘s short-range ballistic missile, Tayfun, which it test-fired over the Black Sea in October, has scared...