Faruk Fatih Özer – the founding father of crypto trade Thodex – has been extradited to his dwelling nation, Turkey, the place he faces fees of fraud and working a prison group.
Thodex was one of many largest crypto exchanges in Turkey. It later turned out to be an exit rip-off, with Özer disappearing with $2.6 billion price of crypto funds leaving round 400K customers excessive and dry.
- In response to the most recent report by state media, the 27-year-old founder was detained by police upon arrival in Istanbul.
- Thodex halted all transactions citing an analysis of an unspecified partnership supply in April 2021. Whereas its official web site assured customers that it might be again up shortly, the executives began deactivating their social media profiles.
- The platform’s buyer assist group additionally turned inaccessible quickly thereafter. The founder and CEO Faruk Fatih Özer, additionally shut down his Twitter account and reportedly fled to Albania.
- Sources stated that he managed to remain undercover for greater than a yr earlier than legislation enforcement brokers within the Elbasan lastly detected his location and arrested him.
2 Milyar Dolarla kaçan Thodex kurucusu Faruk Fatih Özer İstanbul’a getirildi. #farukfatihozer #thodex https://t.co/QuYk3sxesU pic.twitter.com/DAsb7BN2ne
— İŞTE GÜNDEM (@istegundemcom) April 20, 2023
- Subsequently, Interpol additionally issued a Crimson Discover in opposition to Özer for his seize.
- A Turkish court docket jailed six folks, together with two siblings of the CEO, a month after the scandal. The remaining 4 had been senior staff of the corporate.
- The authorities had additionally detained 62 folks associated with the Thodex exit rip-off.
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