Close Menu
    Facebook X (Twitter) Instagram
    Thursday, August 14
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » Turkey detains Ethereum developer over alleged role in network misuse
    Crypto

    Turkey detains Ethereum developer over alleged role in network misuse

    James WilsonBy James WilsonAugust 11, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    An Ethereum developer known as “Fede’s Intern” has been detained in Izmir, Turkey, after authorities accused him of helping individuals “misuse” the Ethereum network.

    Summary

    • Turkish authorities have detained Ethereum developer “Fede’s Intern” in Izmir.
    • Fede denies wrongdoing, says he builds blockchain infrastructure, and is seeking to leave Turkey to contest the charge from abroad.
    • The detention comes as Turkey tightens crypto oversight with new licensing rules, transaction limits.

    On Aug. 11, the Argentine crypto researcher shared on X that Turkish authorities informed his lawyer of the allegation, which he described as “obviously wrong.” He has maintained that his work focused solely on building blockchain infrastructure and denied any involvement in illegal activity.

    What exactly are the accusations?

    The charge, as described by Fede, centers on the claim that he assisted people in misusing Ethereum. No formal documentation or specific legal provision has been made public, leaving the scope of the allegation unclear. 

    He later said Turkey’s Minister of Internal Affairs had personally made the claim, but provided no further details on what conduct authorities viewed as misuse.

    Meanwhile, Fede has argued that “privacy is not a crime” and urged authorities to focus on prosecuting criminals rather than targeting blockchain users or infrastructure developers. 

    He described himself as a businessman with companies in more than a dozen industries, operating under a European holding company, and stressed that all his work is conducted openly and in cooperation with governments.

    Fede also wrote that he had contacted “top people from more than 10 countries” and that friends across Europe, the U.S., the UAE, and Asia were making calls on his behalf. By his account, these efforts appeared to be working, with indications he might be able to leave Turkey and fight the charges from abroad.

    Later, Fede said he was moved to a private room and served food, and that arrangements were being made for him to depart on a private jet to Europe within hours.

    they brought me to this room now and amazing food. in 3 hours it seems i will be able to get out with a private jet to europe. i will sleep tomorrow. we already have a team of lawyers working on this. thanks to everyone helping, sorry if i can’t answer every message.

    love… pic.twitter.com/BUvyE8QHej

    — Fede’s intern 🥊 (@fede_intern) August 10, 2025

    Within hours, the case became a talking point across Ethereum and Solana circles, as community members and industry leaders voiced their concerns.

    Ryan Sean Adams, a well-known Ethereum advocate, described the case as “very troubling” and highlighted the irony that Istanbul had been considered a potential host for Devcon 2026. 

    Meanwhile, Turkish crypto commentator Cenk argued there was “zero legal basis” for detaining someone solely over such claims.

    Some observers have speculated the situation could be the result of a translation error or a misunderstanding of blockchain infrastructure, while others warned it might reflect broader regulatory overreach.

    Fede said he intends to release “more concrete information” once back in Europe and after consulting with his lawyers. However, he said he was open to cooperating with Turkish authorities or officials from any other jurisdiction, while also making clear he will defend himself against the allegations.

    crypto.news reached out to Fede for comment, but had not received a response by publication time.

    As of press time, Fede was yet to confirm his departure, and no official statement had been released by Turkish authorities regarding the detention or any formal charges.

    Turkey is cracking down on crypto

    Although details are scarce regarding Fede’s detention, it comes at a time when Turkish regulators have been steadily tightening their grip on the digital asset sector. Since March, the country’s Capital Markets Board (CMB) has rolled out a series of rules that have reshaped how crypto exchanges, custodians, and wallet providers operate.

    The March framework introduced strict licensing and operational requirements, forcing platforms to maintain detailed transaction records, issue monthly account statements, and process orders only through official channels. 

    In June, the Ministry of Treasury and Finance introduced additional oversight measures targeting the movement of funds in and out of crypto platforms. These included mandatory 20-character explanations for all transactions, withdrawal delays for non–travel rule transfers, and strict daily and monthly caps on stablecoin transfers.

    By July, the crackdown extended into the decentralized finance space. The CMB ordered Turkish internet service providers to block access to PancakeSwap, marking the first time a decentralized exchange had been targeted.

    Regulators have also warned that other DeFi services, including non-custodial wallets, could face similar restrictions if they were seen as marketing directly to Turkish users.

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleRipple’s XRPL EVM mainnet is live — top exchange did $26 volume in a day
    Next Article Gamestop’s Ryan Cohen is unfollowing Bitcoiners en masse
    James Wilson

    Related Posts

    Next crypto under $1 could match SHIB’s 26,000% surge soon

    August 14, 2025

    FBI warns of fake lawyers targeting past crypto scam victims

    August 13, 2025

    Google Play’s new crypto rules could lock DeFi apps out of major markets

    August 13, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    Next crypto under $1 could match SHIB’s 26,000% surge soon

    FBI warns of fake lawyers targeting past crypto scam victims

    Google Play’s new crypto rules could lock DeFi apps out of major markets

    Thumzup targets ETH, DOGE, SOL treasuries after closing $50m public offering

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    Next crypto under $1 could match SHIB’s 26,000% surge soon

    August 14, 2025

    FBI warns of fake lawyers targeting past crypto scam victims

    August 13, 2025

    Google Play’s new crypto rules could lock DeFi apps out of major markets

    August 13, 2025
    Lithosphere News Releases

    AGII Delivers Live Intelligence for Rapidly Evolving Web3 Smart Contracts

    August 13, 2025

    Imagen Network (IMAGE) Boosts User Engagement Using XRP for Instant Social Transactions

    August 13, 2025

    AGII Launches Advanced Diagnostics to Enhance AI Decision Auditing in Decentralized Systems

    August 13, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.