11,000-Year Prison Sentence for Founder of Collapsed Turkish Crypto Exchange

The founder of crypto exchange Thodex has been sentenced to 11,196 years in prison. The estimated losses from the crash of the exchange are believed to be around US$2 billion. “I wouldn’t have acted so amateurishly if this were a criminal organization,” said Faruk Fatih Ozer who appeared unrepentant. The founder of crypto exchange Thodex,...

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