1 year ago
Fatih Özer, the laminitis of the failed crypto speech Thodex, has been sentenced to 11,196 years, equivalent to 466 beingness sentences, successful Turkish prison, Bloomberg reported connected Sept. 7.
Özer was sentenced alongside his member Güven Özer and sister Serap Özer for fraud, among different related crimes specified arsenic organizing and managing transgression organizations, laundering of transgression proceeds, and others.
The tribunal besides imposed a good of 135 cardinal liras ($5 cardinal approximately) connected the defendants.
The 3 were portion of the 21 defendants charged by Turkish authorities for the nonaccomplishment of Thodex. The speech was 1 of the biggest successful the state earlier it abruptly went offline successful April 2021.
This affected much than 400,000 users who mislaid entree to astir $2 cardinal of their crypto deposits. Özer initially escaped to Albania, but an Interpol Red Notice ensured his arrest successful August 2022.
Meanwhile, 16 of the 21 defendants were acquitted, portion 4 of those already jailed were released for deficiency of evidence. The remainder got assorted jail terms.
However, Özer maintained his innocence adjacent astatine the clip of conviction. According to him, helium was not moving a transgression organization. He reportedly said:
“Thodex is conscionable a institution and went bankrupt. There is nary notation of a transgression enactment successful Thodex.”
A beingness imprisonment condemnation successful Turkey has a minimum word of 24 years.
The station Thodex laminitis handed implicit 460 beingness sentences successful situation for monolithic Turkish crypto scandal appeared archetypal connected CryptoSlate.
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