Founder Of Defunct Turkish Crypto Exchange Thodex Handed 11,000-Year Jail Term For $2B Scam

Faruk Fatih Özer — the founder and former CEO of Turkey-based Thodex — was sentenced to 11,196 years in prison on Thursday by a court in Istanbul, according to reports. Faruk, who managed the exchange until it went bust in 2021, was found guilty of aggravated fraud, leading a criminal organization, and money laundering. “I […] ...
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