Turkish media states that authorities are investigating an alleged Dogecoin mining scam that left the investors helpless after amassing $119 million worth of deposits. During Aug. 23rd report from local channel TV100 broke the news, with police recognizing an online character known under a pseudonym as ‘Turgut. V” as the scheme’s suspected operator.
The cryptocurrency market has gone through a long journey in 2021 as many sub-sectors including decentralized finance (DeFi), nonfungible tokens (NFTs), memecoins and layer-two solutions have witnessed their total value locked and token prices increased to new levels.
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