Thodex Founder Sentenced to 11,196 Years for $2B Crypto Theft

The founder of the infamous Turkish crypto exchange Thodex, Faruk Fatih Özer, has received a monumental prison sentence for his role in a massive crypto theft. Get the latest updates on the Thodex scandal and the repercussions for investors.

In a landmark ruling that sent shockwaves through the cryptocurrency world, a Turkish court sentenced Faruk Fatih Özer to an astonishing 11,196 years in prison. This sentence stems from his conviction on charges related to the collapse of Thodex and the disappearance of an estimated $2 billion in cryptocurrency.

8 de sept. de 2025: The former CEO of Turkish crypto exchange Thodex, Faruk Fatih Özer, was sentenced to 11,196 years in prison by a Turkish court on charges of “establishing, managing...

The lengthy sentence highlights the severity of the crime and serves as a stark warning to those involved in fraudulent crypto schemes. The Thodex saga left thousands of Turkish investors in financial ruin, and the court's decision aims to deliver a measure of justice.

8 de sept. de 2025: Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196...

The involvement of Özer's sister, Serap Özer, and brother, Güven Özer, in the fraudulent activities further underscores the premeditation and scale of the operation. Their inclusion in the sentence reflects the court's commitment to holding all those responsible accountable.

The case is a significant turning point in the regulation and enforcement of cryptocurrency laws globally. It raises critical questions about the security of crypto exchanges and the protection of investors' assets. What does this mean for the future of crypto regulation? Stay tuned for further analysis and expert commentary.

Read more about the Thodex scandal, Faruk Fatih Özer, and the impact of the $2 billion crypto theft on the global financial landscape.