Turkey seeks 40,000-year jail sentences for crypto CEO, officials

A Turkish prosecutor asked for jail sentences as long as 40,564 years for 21 officials of the Istanbul-based Thodex cryptocurrency exchange, about a year after it was shut down and its CEO disappeared.

CEO Faruk Fatih Ozer, 28, was seen in footage at Istanbul airport last April. Turkish police have not been able to locate him, though he is wanted with a red notice, Interpol says. The indictment accuses the defendants of creating a criminal organization, fraud and money laundering, Demiroren News Agency reported last week, according toThodex was part of a Turkish cryptocurrency boom that attracted investors seeking to protect their savings from inflation and a weakening currency.

The indictment said total losses at the exchange were about $24 million, but a report in February by Chainalysis estimated losses at $2.6 billion. Ozer said in a statement issued last April from parts unknown that he would repay investors and return to Turkey, the report said.at the time. Ozer was said to have fled to Tirana, Albania, according to Turkish police.

The last 10 years will be the toughest...

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I mean 150 years is more than enough for example...

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Türkiye de en popüler 3 kripto borsa btctürk, paribu, binance yani 2.6 milyar dolar thodex borsasın da hiç olmadı hacmi yok o kadar ayrıca kara para aklama değil borsada ki paraları kendi soğuk cüzdanına aktarmış

How many years do they live in turkey?

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For thodex CEO

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