$2.6 Billion: Historic 11,000-Year Sentence Handed to Turkish Crypto Exchange CEO

The Anatolian 9th High Criminal Court in Turkey has issued a sweeping 11,196-year prison sentence to Faruk Fatih Özer,, former CEO of the now-defunct Thodex cryptocurrency exchange, on several charges. These charges include “establishing, managing and being a member of an organization,” “qualified fraud,” and “laundering of property values.” The court further imposed a pentalty…

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