Turkey emerges as key haven for Iranian who launched $88M Bittrex crypto case
Abdullah Bozkurt/Stockholm
An Iranian investor entangled in US sanctions over his cryptocurrency activities turned to Turkey to establish legal residence after years of failed attempts elsewhere, using Turkish documents and banking records to withdraw part of his frozen funds from the bankrupt US-based exchange Bittrex.
But even as Turkey provided him with the crucial documentation that finally unlocked his assets, his ambitious effort to convince a Delaware court that he was owed $88 million in damages collapsed, leaving him with only a fraction of the fortune he claimed to have lost.
Azim Ghader’s journey began in June 2017, when he opened his Bittrex account while residing in Iran and quickly deposited more than $1.3 million worth of…
