SPK imposed an access ban on 13 illegal internet sites.

SPK Takes Strong Measures Against Unauthorized Transactions

The Capital Markets Board of Turkey (SPK) announced that it has identified 13 websites providing unauthorized cryptocurrency services and conducting leveraged transactions abroad as a result of recent investigations. The SPK stated that legal proceedings will be initiated to block access to these sites.

Legal Actions Based on the Capital Markets Law

In the board's statement, attention was drawn to the phrase 'internet sites that provide unauthorized cryptocurrency services and conduct leveraged transactions targeting individuals residing in Turkey'. This situation is significant due to the increased risks that investors may face and the prevalence of fraudulent activities.

Details of the Blocked Sites

According to the data published in SPK's weekly bulletin, a list of the sites identified as conducting unauthorized transactions was shared with the public. The access restriction to these sites will be implemented in accordance with the third paragraph of Article 99/A and the fourth paragraph of Article 99 of the Capital Markets Law, and it was emphasized that the process will be monitored.

Things Investors Should Pay Attention To

It was stated that investors should stay away from such unauthorized websites, and this step by the SPK is of great importance for the protection of investors. Transactions made on illegal platforms can lead to serious financial losses and put investors' rights at risk.

SPK's action is seen as a sign of its determination to combat unauthorized cryptocurrency transactions and fraud. Such measures are essential for everyone to conduct transactions in a safer investment environment.