Faruk Fatih Özer, the founder and CEO of the collapsed cryptocurrency trade Thodex, is going through as much as 40,462 years in jail in Türkiye over fraud and cash laundering.
The listening to on the Anatolian ninth High Criminal Court in Istanbul on Tuesday was attended by 5 detained defendants, together with Özer, and among the complainants and the attorneys of the events.
The prosecutors demanded a jail sentence for Özer from 12,142 to 40,462 years for “establishing an organization with the aim of committing a crime,” “fraud by using information systems, banks or credit institutions as tools” and “laundering the assets of merchants or company managers and cooperative managers resulting from fraud and crime.”
Wanted on a pink discover, Özer was apprehended in Albania on Aug. 30, 2022.
Özer, 27, fled Türkiye final 12 months and left traders unable to entry their funds.
Türkiye issued a world arrest warrant after he reportedly fled the nation with at the least $2 billion value of cryptocurrency stolen from Thodex.
Source: www.dailysabah.com
