The chief executive of a collapsed crypto exchange has reportedly been handed a staggering prison sentence of over 11,000 years. According to a new report by Euronews, Faruk Özer, the CEO of Istanbul-based crypto exchange Thodex, has been given 11,196 years in jail for stealing $2 billion worth of crypto assets from customers. Thodex suddenly went offline in April 2021, leaving 400,000 customers without access to their funds, while Özer fled Turkey. He was caught in Albania in 2022 after Interpol issued a red notice for him. Interpol’s red notice…
Court Hands 11,196-Year Prison Sentence to CEO of Exchange That Collapsed With $2,000,000,000+ in Crypto: Report
