05.03.2026 10:31
The Capital Markets Board has decided to impose access restrictions on 46 websites identified as conducting unauthorized activities targeting Turkish investors. Among the names on the list is the global cryptocurrency exchange WEEX.
In the official bulletin of the Capital Markets Board (CMB) dated March 4, a critical decision was announced regarding websites identified as facilitating unauthorized leveraged trading and cryptocurrency transactions for individuals residing in Turkey. It was stated that the necessary legal process has been initiated to block access to the 46 websites in question under the fourth paragraph of Article 99 and the third paragraph of Article 99/A of the Capital Markets Law.
HABERLER.COM HAD BROUGHT IT TO THE AGENDA
The most notable name on the list was the global cryptocurrency exchange WEEX. Following a news article published on Haberler.com, WEEX came to the forefront after introducing a 400x leveraged product at a physical event it organized in Turkey. However, leveraged transactions are strictly prohibited by the CMB in Turkey.
During the live-streamed event, while details of high-leverage products were shared, it was observed that some well-known cryptocurrency influencers attending the invitation also promoted the platform to their followers.
FAMOUS CRYPTO INFLUENCERS HAD ALSO ATTENDED THE EVENT
It was noted that among the attendees were influencers with a large following on social media, such as Lord Of Crypto (Fırat Kurtoğlu), Nihat Çetinkaya, Coin Engineer, KriptoPusulası (Berk Özdeşer), Mehmet Gizik, and Caner Saltık. These individuals highlighted campaigns for leveraged transactions in their posts on X (Twitter) and Telegram accounts.
EXPERTS WARN
Experts point out that such organizations direct investors to extremely high-risk transactions and constitute unauthorized capital market activities. The CMB's decision is seen as a sign that supervision will tighten for both the platforms and individuals participating in such promotional activities.