The founder of the exchange platform Thodex cryptocurrencies, Faruk Fatih Özerwho fled from Türkiye after defrauding his clients with US$2,000 millionwas sentenced along with two of his brothers to 11,196 years in prison.
The founder of the platform Thodexsearched with a red notification Interpol, was arrested in Albania in August 2022, 16 months after fleeing Türkiyeand was extradited last April.
The Turkish authorities accused Faruk Fatih Özer29 years old, of having fled with US$2,000 million in assets belonging to about 400,000 users.
The platform suspended its activity from one day to the next after displaying a mysterious message indicating that it needed five days to process an unspecified foreign investment.
A great campaign to attract investors to the platform
Thodex He had carried out a large advertising campaign to attract investors, promising among other things to give away luxury vehicles to some of them.
The platform had also heavily discounted the dogecoina cryptocurrency which was born as a parody but gained value thanks to the interest, among others, of the billionaire Elon Muskdirector of tesla and of x.
The unusual sentence was resolved by a court of istanbulaccording to the Turkish state news agency anadolu.
Türkiye is known for dictating exorbitant prison sentencesmore common since the country abolished the death penalty in 2004 to encourage its entry into the European Unionrecalled the AFP news agency.
Source: Ambito
