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Turkish Court Imposes 11,196 Year Sentence on Former Thodex CEO
Faruk Fatih Ozer, the ex-CEO of the now-defunct Turkish cryptocurrency exchange Thodex, has been handed a staggering prison term for defrauding investors. He has now begun serving his time behind bars. Ozer's conviction has been served after a prolonged legal battle stemming from the collapse of Thodex in 2021, during which he absconded with millions of dollars worth of investors' assets. Turkish Court Hands Lengthy Sentences: Ozer, who fled to Albania following the collapse of Thodex, was recently extradited to Turkey to face charges related to money laundering, fraud, and organized crime. In a ruling that sent ... (full story)