News with the tag "Thodex"

Faruk Fatih Ozer, the founder of the defunct Turkish cryptocurrency exchange Thodex, has won part of his legal case related to a $2 billion crypto fraud. According to a press release , the Istanbul 22nd Regional Court of Justice has decided to maintain Ozer’s detention on fraud charges. However, his...

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...

Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2 billion in customer funds. Crypto CEO Sentenced To 11,196 Years Prison Sentence On Thursday, September 7, 2023, the former CEO of Thodex, which was one of the b...

The CEO of collapsed Turkish crypto exchange Thodex has been sentenced to 11,196 years, 10 months, and 15 days in prison. He purportedly absconded with more than $2 billion in cryptocurrency belonging to more than 400,000 customers. The court found his crypto trading platform to be a criminal organi...

The chief executive of a collapsed crypto exchange has reportedly been handed a staggering prison sentence of over 11,000 years. According to a new report by Euronews, Faruk Özer, the CEO of Istanbul-based crypto exchange Thodex, has been given 11,196 years in jail for stealing $2 billion worth of c...

Faruk Özer, founder of Thodex, has been handed a staggering 11,196-year prison sentence, along with his sister and brother.

Discover the shocking case of Faruk Fatih Ozer, Thodex's CEO, who received an unprecedented 11,196-year jail term for fraud and money laundering in Turkey's cryptocurrency landscape. The scandal has caused financial turmoil and raised concerns about crypto firms and exchanges. Read more here. The po...

Faruk Fatih Ozer, the founder and former CEO of Thodex, a prominent Turkish cryptocurrency exchange, has been handed 11,196-year prison sentence for fraud and other crimes, Bloomberg reproted. Ozer was convicted on various charges, including fraud, leading a criminal organization, and money launderi...

Faruk Fatih Özer, the founder of the now-defunct Turkish cryptocurrency exchange Thodex, along with his sister Serap Özer and brother Güven Özer, has been sentenced to a staggering 11,196 years, 10 months, and 15 days in prison, as reported by local media. In addition to the prison sentences, the co...

Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison.