Security sources say Thodex founder Faruk Fatih Ozer is in Albania, according to Turkish television. for the founder of a cryptocurrency exchange who fled with a reported US$2 billion in investors' assets, state media reported.
Security sources later confirmed that Ozer - said to be 27-years-old - has been in Albania since Tuesday. Media reports said the exchange shut down while holding at least US$2 billion from 391,000 investors.The 62 suspects were apprehended in simultaneous raids carried out in eight cities including Turkey's main hub Istanbul, Anadolu reported.
"Hundreds of thousands of users cannot get access to their digital wallets. The situation will get more serious unless a concrete step is taken" by Thodex, he told AFP by phone. He said he was abroad for meetings with foreign investors and would return home"in a few days and cooperate with judicial authorities so that the truth can come out".The number of complaints against Thodex has increased by more than 1,160 per cent over the week to Apr 20 compared to the previous week, according to Turkish customer complaint website Sikayetvar.
Growing numbers of Turks are turning to cryptocurrencies in a bid to shield their savings in the face of a sharp decline in the value of the Turkish lira and high inflation.
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