Thodex CEO Gets 11,000-Year Jail Sentence Over $2B Crypto Exchange Collapse

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08 Sep 2023 0 shares 1 views

Thodex CEO Gets 11,000-Year Jail Sentence Over $2B Crypto Exchange Collapse

Thodex CEO Gets 11,000-Year Jail Sentence Over $2B Crypto Exchange Collapse

Upworthy

Published 08 Sep 2023

Faruk Fatih Özer, the founder and CEO of defunct Turkish crypto exchange Thodex, was sentenced to 11,196 years in jail on Thursday, as reported by local media sources. He was found guilty of aggravated fraud, leading a criminal organization, and money laundering. “I am smart enough to lead any…

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