Bitexen owner Kemal Cenk Erdem was arrested during an investigation by the Istanbul Chief Public Prosecutor’s Office into concealing assets allegedly derived from crime. The court cited financial connections and transfers involving Bitexen, DinamikPay and Dinamik Yatırım, including two-way transactions of nearly 100 million Turkish Lira between Erdem and his wife, Ayşin Erdem. It said the evidence justified a detailed investigation into alleged facilitation of funds linked to illegal gambling and money laundering, while Erdem denied commercial dealings with the company in question and requested release. The court found strong suspicion of guilt, concrete flight-risk evidence, incomplete evidence collection and insufficient judicial-control measures.