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Turkey liquidates 131 funds in Ponzi collapse, 300k retail investors hit
Valor Econômico·TR·about 4 hours ago
Turkish authorities arrested four individuals and are targeting 51 more for alleged market manipulation, though names were not disclosed. The action signals a broader enforcement crackdown on financial misconduct, but details on the specific scheme or affected instruments remain unclear. This is a domestic regulatory enforcement matter with limited direct market impact beyond potential reputational effects on Turkish financial markets.