2025-12-25 11:20:46

A new application has been launched for prosecutors in Turkey: the authority to freeze bank accounts for 48 hours based on suspicion. This authorization is limited to qualified theft, qualified fraud, and cryptocurrency card crimes. The scope for prosecutors is quite broad – they can request the suspension of accounts from banks, payment, and crypto service providers. This step provides a rapid response capability in the fight against financial crimes.

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IntrovertMetaverse

· 11h ago

Wait, is Turkey's 48-hour account freeze operation serious? Isn't this just giving prosecutors a green light to "cut first and ask questions later"?

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MevHunter

· 11h ago

Turkey's approach is quite harsh, freezing accounts for 48 hours... sounds like a heavy blow to scammers --- Crypto scams are indeed rampant, but does doing this really avoid harming the innocent? --- Wait, even crypto wallets can be frozen? How much power does that require? --- NGL, this does help combat rug pulls and scam projects, but I worry about abuse of authority during enforcement --- Turkey is starting to get serious... although I still worry about the issue of power abuse --- Freezing accounts for 48 hours... quick response is great, but what about due process?

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LiquidityNinja

· 11h ago

48-hour freeze? Now it’s even harder to launder dirty money on the chain. --- Turkish prosecutors can directly freeze accounts, feels a bit harsh. --- Although cracking down on crime is a good thing, this power is too great... who will supervise the prosecutors? --- Crypto cards are also included, it seems they are serious. --- If this mechanism is implemented in Asia, it will be the end of it. Our capital flows are already complicated enough. --- Wow, being able to freeze in 48 hours is quite outrageous, but if you do bad things, you deserve to be frozen. --- Now transaction proceeds are coordinated, just wait for the notification. --- Compliance costs are rising again... how can small exchanges survive? --- The biggest fear is accidental freezing. Hope they don’t misuse this power. --- Crypto exchanges now have to pay attention to judicial developments every day.

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ContractFreelancer

· 11h ago

Turkey's move is quite aggressive. The 48-hour freeze card authority is directly given to prosecutors, which feels like the privacy space has shrunk even more. Wait, isn't this a de facto expansion of centralized institutions' power? Just because of "suspicion" they can freeze? I'm a bit worried. Crypto scams are indeed numerous, but if this continues, what happens to ordinary people who are mistakenly affected? There's no complete checks and balances. Hold on, they are speaking so broadly—covering banks, payments, and crypto all at once? This is almost like having no power at all, and there's no privacy left. This tactic is probably going to be copied. Now many countries are starting to play this way, and the future of Web3 looks worrying.

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DuckFluff

· 11h ago

The 48-hour freeze of rights... sounds like fraud prevention, but actually it’s full of risks --- Does this logic from local chickens work in the crypto world? I’m a bit confused --- Freezing accounts is easy, but what about unfreezing? Where is the promised procedural justice? --- Hmm... quick freezing sounds good, but I’m worried about abuse --- Can crypto wallets also be frozen? Feels uncontrollable --- So now savcı can freeze accounts at will? That’s quite a power --- NGL, such emergency freezes should have existed in the crypto world long ago, just need to be careful during execution to avoid wrongful or false cases --- Wait, here’s the question—how are assets in different currencies frozen? Can they really be frozen?

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BearMarketSurvivor

· 11h ago

48-hour account freeze? Now even cryptocurrency exchanges have to cooperate.

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