Founder of defunct Turkish crypto exchange detained in Albania
The founder of Turkish crypto exchange Thodex Faruk Fatih Özer has been detained by Albanian authorities as they await cooperation with the Turkish government. As the founder of the now-defunct Turkish cryptocurrency exchange Thodex is currently being held in Albania, the story of the exchange continues. In an operation that was conducted in Tirana, the […]
Thodex Crypto Exchange Founder Arrested in Albania
Thodex founder, Faruk Fatih Ozer went missing in 2021, taking money from 400,000 users with him. According to a statement from the Turkish Interior Ministry on Tuesday, the founder of one of Turkey’s biggest cryptocurrency exchanges, Thodex, which turned out to be an exit scam, has been arrested in Albania. Last year, Faruk Fatih Ozer’s […]
Turkish Prosecutor Demands Years Jail Time for Thodex Founder
Turkish prosecutors are demanding sentences totaling up to 40,564 years for 21 of the founders and executives of the crypto-exchange Thodex. The collapse of the exchange resulted in losses of TRY 356 million ($24 million). Thodex was a part of the boom that drew tens of thousands of Turks looking to protect their investments from […]