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Turkish crypto kingpin Faruk Fatih Ozer starts 11,000 year jail term

Summary by Cryptopolitan
Founder and former CEO of Thodex cryptocurrency exchange, Faruk Fatih Ozer this week starts an 11,196-year prison sentence for defrauding investors millions of dollars. Ozer used Thodex which was once one of Turkey’s biggest crypto exchange to defraud investors of their funds. Also read: The cost of crypto crimes has risen to $19bn in the past 13 years Ozer reportedly used the exchange to steal from investors with the help of his family members…
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Cryptopolitan broke the news in on Wednesday, June 19, 2024.
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