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Published 1 month ago

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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