[Turkish Prosecutors Indict Criminal Gang Accused of Money Laundering via Cryptocurrency Channels, Involving Approximately $850 Million] According to Hürriyet Daily News, Turkish prosecutors have filed charges against a massive money laundering network linked to the 'Grand Bazaar,' involving nearly 40 billion Turkish lira (approximately $850 million). The indictment lists 504 suspects accused of using shell companies, bank accounts, currency exchange offices, POS terminals, and cryptocurrency transactions to conceal illicit gains. The suspects are also accused of converting the proceeds into cryptocurrency and transferring them abroad, as well as luring victims into fraudulent investment schemes with promises of high returns. Prosecutors are seeking a maximum sentence of 34.5 years for alleged mastermind Türker Ak and up to 31 years for alleged network manager Murat Dönmezoğlu.