Turkiye: Crypto boss sentenced to 11,196 years in jail

A disgraced Turkish crypto founder and his two brothers who fled to Albania have been sentenced to 11,196 years in jail each, Anadolu Agency reported on Thursday. Delivering its verdict late on Thursday, the court in Istanbul sentenced Faruk Fatih Ozer, founder of Thodex, and his two brothers to similar-length jail terms, finding them guilty of aggravated fraud, leading a criminal organisation and money laundering. “If I were to establish a criminal organisation, I would not have acted so amateurishly,” Anadolu Agency reported Ozer telling the court. Ozer was initially reported to have fled Turkiye in April 2021 with $2 billion in investor assets, although that figure has since been disputed. READ: Russia: Turkiye agrees in principle to handle 1 million […] Source

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