Turkish Crypto Kingpin Arrested: Faces Over 40,000 Years in Prison for Thodex Fraud

The long arm of the law has finally caught up with Faruk Fatih Ozer, the fugitive founder of Turkish cryptocurrency platform Thodex! After fleeing Turkey with an estimated $2 billion in investor funds, Ozer's audacious crypto scheme has crumbled. Turkey is pursuing colossal sentences of over 40,000 years for suspects allegedly connected to a fraudulent cryptocurrency exchange, and Ozer is at the heart of it all.

The founder of Thodex, a sizeable Turkish cryptocurrency exchange service, who fled the country with $2 billion last year, has been arrested. His identity was confirmed using biometric results. 1 de sept. de 2025 marks a pivotal point in this case, as it signals the end of Ozer's run from justice. He is awaiting extradition back to Turkey, where he will face a hefty 40,000-year sentence for his crimes.

Faruk Fatih Ozer, the 28-year-old founder, could face some 40,564 years behind bars. The charges stem from accusations of massive fraud and money laundering related to the collapse of Thodex, leaving thousands of Turkish investors in financial ruin. Ozer is currently on the run after, but this arrest marks a significant victory for law enforcement and the victims of this elaborate scheme.

The potential 40,000-year prison sentence for Ozer highlights the severity of the alleged crimes. He will face other individuals connected to the fraud upon his return to Turkey.

Stay updated on the latest developments in the Thodex crypto fraud case and the ongoing legal proceedings against Faruk Fatih Ozer.