Founder of collapsed crypto exchange Thodex detained in Turkey

The saga of the Turkish cryptocurrency speech Thodex continues, with the laminitis being yet brought backmost location successful 2 years aft the level halted trading.

Faruk Fatih Ozer, laminitis and erstwhile CEO of Thodex, has been extradited from Albania to Turkey, Cointelegraph Turkey reported.

Facing charges of fraud and wealth laundering, the section constabulary instantly detained the 27-year-old upon his accomplishment astatine Istanbul Airport connected April 20, the Turkish state-run quality bureau Anadolu Agency reported.

According to the report, the level carrying Ozer took disconnected from the Albanian superior Tirana successful the greeting and landed astatine Istanbul Airport connected Thursday. The Istanbul Airport Police Department took custody of Ozer connected arrival. The detained laminitis is expected to acquisition wellness check-ups and past volition beryllium taken to the Istanbul Police Department.

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Ozer’s accomplishment successful Turkey comes astir 2 years aft the Thodex speech abruptly halted trading and withdrawals amid reports of constabulary raids astatine its offices connected April 22, 2021. Local publications speculated that the suspension was portion of an exit scam involving Thodex CEO Ozer, who fled Turkey with astatine slightest $2 cardinal worthy of cryptocurrency stolen from Thodex. Interpol subsequently issued a reddish announcement for Ozer, who reportedly ran to Albania.

In astir a twelvemonth aft Thodex collapsed, the fugitive laminitis was arrested successful Albania successful August 2022. Additionally, Turkish constabulary detained 62 people implicit alleged Thodex exit scam, besides arresting immoderate siblings of the then-missing CEO.

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