Turkey Seeks Thousands of Years Jail Time for Missing Crypto CEO

March 31, 2022, 3:58 PM UTC

A Turkish prosecutor is pursuing jail sentences totaling thousands of years for founders and executives of the Thodex cryptocurrency exchange, a year after it halted trading and its chief executive disappeared.

The indictment on Istanbul-based Thodex seeks sentences of up to 40,564 years for each of the 21 defendants, Demiroren News Agency reported Thursday.

They include the 28-year-old CEO Faruk Fatih Ozer, who has been missing for the past year. After footage of Ozer at Istanbul airport emerged in April 2021, Turkish police teams have flown to four countries including Albania in failed attempts to locate him. Ozer remains wanted ...

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