Within the scope of the new operation carried out by the Ministry of Interior, General Directorate of Security (EGM), Department of Combating Cybercrime, it was determined that unfair profits were made on various social media platforms. Fraudsters using stolen credit cards through TikTok tokens have reportedly been conducting money laundering through virtual currency trading.
They bought TikTok tokens with stolen credit cards
General Directorate of Security, Istanbul Cyber Crime Branch Directorate followed the live broadcasts on TikTok. Accordingly, EGM, which detected anomalies in more than 4 thousand bank account movements, determined that there was a cash flow of 1.2 billion TL between these accounts.
120 of the scammers who used virtual currencies such as TikTok tokens to rob stolen credit cards have been detained. It was reported that these people bought tokens through their credit card information and sent them to people broadcasting on the platform.
Making a statement on the subject, Minister of Interior Ali Yerlikaya said, “It was evaluated that unfair profit was gained by trading virtual money on a social media platform (TikTok). It was determined that there was a cash flow of 1.2 billion TL between the accounts. said.
In the operation based in Istanbul, 37 addresses were raided. As a result of the raid, foreign currency, cryptocurrency wallets, apartments, land and cars were seized. In addition, the stolen credit cards and information of hundreds of people were stored at these addresses.
TikTok has been under scrutiny for a while. For example, starting January 1, 2024, the US state of Montana will ban TikTok completely. Governor Gianforte stated that they signed this decision to protect the private data and sensitive personal information of the Montana people from being collected by the Chinese Communist Party.
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