1 year ago
Faruk Fatih Özer, the laminitis of the collapsed Turkish crypto speech Thodex, his sister Serap Özer and his member Güven Özer person been sentenced to 11,196 years, 10 months and 15 days successful prison, according to section media. A judicial good of 135 cardinal liras ($5 cardinal approx.) was besides imposed.
Thodex was 1 of Turkey's largest crypto exchanges earlier it suddenly went offline in April 2021 and Özer went missing. Over 400,000 members were near successful the acheronian without entree to deposits of $2 cardinal successful cryptocurrencies. Özer had fled to Albania but was arrested successful August 2022 aft an Interpol reddish announcement against him.
By April 2023, Özer was extradited to Turkey, and detained by constabulary upon accomplishment connected 7 charges, including establishing and managing an enactment with the intent of committing a crime, being a subordinate of an organization, fraud by utilizing accusation systems arsenic a instrumentality of banks oregon recognition institutions, fraud of merchants oregon institution executives and cooperative managers, and laundering the worth of assets resulting from crime.
When the lawsuit came to light, Özer's brother, sister and 4 different elder employees were jailed and astatine slightest 83 radical were detained arsenic portion of the investigation. The eventual proceedings saw 21 defendants facing up to 40,564 years successful prison.
The Anatolian 9th Heavy Penal Court announced the verdict connected Thursday, acquitting 16 of the 21 defendants and releasing 4 of the 7 jailed owed to a deficiency of evidence. Other defendants were fixed varying degrees of imprisonment for assorted crimes.
Edited by Omkar Godbole.
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