Faruk Fatih Ozer
Court Cases
How Many Lives Can One Have? Turkish Crypto Fraudster Convicted To 11,196 Years In Prison
The founder of a Turkish cryptocurrency platform, Faruk Fatih Ozer, along with his two siblings, has been sentenced to 11,196 years in prison each for swindling investors out of millions of dollars. In 2021, Ozer, 29, escaped to Albania with significant investor funds following the abrupt shutdown of his Thodex exchange. He was subsequently extradited to Turkey in June and convicted of charges including money laundering, fraud, and involvement in organized crime.
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