turkey crypto news

Crypto News: Turkish authorities on Thursday reportedly arrested Faruk Fatih Ozer, former CEO of collapsed crypto exchange Thodex. He was detained on his arrival at Istanbul airport over money laundering and fraud charges.

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As per reports, a Red Notice was issued from Interpol for Faruk Fatih Ozer on April 23, 2021. He was sought for fraud charges and founding a criminal organization. However, he managed to flee Turkey last year leaving investors unable to access their accounts.

Turkey Authorities eventually issued an international arrest warrant with more than $2 billion of funds stuck in the crypto exchange Thodex.

The former CEO of Thodex was caught in Albania on August 30, 2022. However, his lawyers appealed against the continued detention of Ozer on September 14, 2022.

(THIS IS A DEVELOPING STORY)

The post Breaking: Collapsed Crypto Exchange Thodex Boss Detain In Turkey appeared first on CoinGape.



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