2 entries tagged “turkey”.
Founder and CEO of the Turkish exchange Thodex, which halted withdrawals in April 2021 as he fled abroad. Sentenced in 2023 to 11,196 years; reported to have died in prison in November 2025.
A Turkish exchange that abruptly halted withdrawals in April 2021 as founder Faruk Fatih Özer fled abroad. Loss estimates are disputed (the indictment cited ~$43M; media reported up to ~$2B). Özer was sentenced to 11,196 years in 2023.