Turkish prosecutors have asked for 40,564 years to jail 21 officials of the Istanbul-based cryptocurrency exchange Thodex, after about a year of shutdown and the disappearance of its CEO.
CEO Faruk Fatih Ozer, 28, was seen in a video clip at Istanbul airport in April last year. But Turkish police were unable to identify him. Even if he received an interpol Red Notice.
According to the indictment, the defendant is a criminal organization. including fraud and money laundering, Demiroren News Agency reported last week, according to Bloomberg News
Thodex is part of Turkey’s digital currency growth that has attracted investors looking to protect their savings from inflation and currency devaluation.
The indictment said the exchange’s total loss was about $24 million, but a February report by Chainalysis estimated it at $2.6 billion.
Ozer had said in a statement in April last year from a hideout that he would repay investors and return to Turkey. which, according to reports at that time Turkish police say Ozer has fled to Tirana. Albania
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