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Thodex founder and siblings sentenced to 11,196 years in prison

Thodex chief Farouk Fatih Özer has been sentenced to 11,196 years, 10 months, and 15 days in prison and fined for 135 million liras ($5M).

Thodex chief denies fraud, says crypto exchange was hacked

CEO of defunct Turkish crypto exchange Thodex has claimed he was framed in his first court appearance on Monday.

The CEO of Turkish crypto exchange Thodex, who fled with an estimated $2 billion of crypto, has finally returned home in handcuffs.

Turkey’s Erdoğan instructed his party to research blockchain, crypto, and the metaverse despite declaring war on Bitcoin last year.