The CryptoNews of the day.
The crypto world has been a bit shaken by the news that a Bitcoin user was arrested in Turkey for attempting to sell the cryptocurrency in the country.
The man, who has not been identified, was arrested at the Istanbul Airport after an attempt to sell 1,000 Bitcoins (BTC) in a bid to pay for flights to Turkey, reports said.
Turkey is one of the world’s biggest markets for Bitcoin and is the largest trading hub for the virtual currency.
The country has also seen a number of Bitcoin thefts and a series of attacks against the cryptocurrency that resulted in the arrest of some of the suspects.
The arrest comes just weeks after the arrest in Cyprus of a suspect in the alleged theft of nearly 5,000 BTC in a suspected bitcoin laundering operation.
According to the Financial Times, the suspect was arrested by the police after he failed to turn up to a court hearing to answer charges relating to the seizure of the virtual currencies.
In response to the arrest, the Istanbul-based Turkish Bitcoin Association (BTBA) issued a statement, which called on Turkey’s Prime Minister to hold a press conference to discuss the incident.
It called on Prime Minister Ahmet Davutoglu to hold an urgent press conference and explain the situation and to order a thorough investigation into the arrest.
“In order to prevent any further attacks against cryptocurrencies and to protect the reputation of our government, we call for an urgent news conference by Prime Minister Davutovic, to discuss these serious allegations,” the BTBA statement said.