Faruk Fatih Özer

A Turkish court sentenced Faruk Fatih Ozer, the former head of the Thodex cryptocurrency exchange, to a staggering 11,196 years behind bars. The court's decision, announced this Thursday, was based on multiple charges, including aggravated fraud, money laundering, and heading a criminal group,...

Faruk Fatih Özer, the CEO of the now-defunct Turkish crypto exchange Thodex, has been captured by authorities in Albania and is likely to be extradited to Turkey, as confirmed by Turkey's Interior Ministry. Before ceasing its operations unexpectedly in April 2021, Thodex was among Turkey...