CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptoknowmics 2023-09-09 05:40:44

Turkish Crypto Exchange CEO Receives Historic $2.6B Sentence

Faruk Fatih Ozer, the former CEO of the now-defunct Thodex cryptocurrency exchange, received a sweeping 11,196-year prison sentence from the Anatolian 9th High Criminal Court in Turkey for a number of charges. “Laundering of property values,” “establishing, managing, and being a member of an organization,” and “qualified fraud” are among these charges. The state-affiliated news organization Anadolu Agency reported that the court also imposed a penalty of $5 million. Turkish prosecutor charges Thodex’ Özer with criminal breach of trust Özer’s kin didn’t get away from the legal sledge either, getting an indistinguishable sentence for their supposed complicity in the crypto The post Turkish Crypto Exchange CEO Receives Historic $2.6B Sentence appeared first on Cryptoknowmics-Crypto News and Media Platform .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.