Defunct Crypto Exchange Thodex CEO Reportedly Found Dead in Prison
Defunct Crypto Exchange Thodex CEO Reportedly Found Dead in Prison
Faruk Fatih Ozer, the founder of the now-defunct Thodex cryptocurrency exchange, has reportedly been found dead in his prison cell in Turkey. Ozer was serving an 11,196-year sentence for various financial crimes related to the exchange's collapse.
Thodex Founder Dies in Turkish Prison
Faruk Fatih Ozer, the CEO and founder of the defunct Thodex crypto exchange, was reportedly discovered dead in his prison cell in Turkey. Local media reports indicate Ozer, who was handed an unprecedented 11,196-year jail sentence in 2023 for a range of financial crimes including fraud and money laundering, may have committed suicide according to a Turkish minister. The Thodex exchange had collapsed, leaving thousands of users with substantial losses.