Thodex


Policy

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

Thodex was one of Turkey's largest crypto exchanges before it suddenly went offline in April 2021 and Özer went missing.

Istanbul, Turkey image via Sabino Parente/Shutterstock

Policy

Collapsed Turkish Crypto Exchange Thodex's CEO Faruk Özer Extradited, Arrested in Istanbul: Report

Özer was arrested in Albania in August last year after an Interpol red notice against him.

Turkish Flag Turkey (Unsplash)

Finance

Founder of Crypto Exchange Thodex to Be Extradited to Turkey From Albania: Report

Faruk Fatih Özer disappeared in 2021, taking funds from 400,000 users.

Ankara, Turkey (Ekrem Osmanoglu/Unsplash)

Markets

Turkish Court Jails Thodex CEO's Siblings in Crypto Exchange Probe

Interpol has issued a red notice for the CEO, who has fled to Albania.

Turkey Flag 3D Rendering on Blue Sky Building Background

Policy

State of Crypto: Congress Takes One Step Closer to Regulatory Clarity

A bipartisan bill addressing cryptocurrencies made it through the House of Representatives. Next up: the Senate.

The Senate is now looking at a bill that would evaluate cryptocurrency regulation within the U.S.

Videos

What Is Happening With Turkey’s Crypto Exchanges?

The CEO of Turkey-based crypto exchange Thodex is still missing, along with hundreds of millions of dollars in users’ funds, after the exchange went dark last week. The Turkish government is investigating Thodex’s collapse and threatening further crypto crackdowns. Nik De reviews the situation in Turkey. Plus, an update on regulations in South Korea.

CoinDesk placeholder image

Markets

Turkish Police Detain 62 People in Thodex Probe, State News Agency Says: Report

The crypto exchange reportedly has been subject to a legal complaint by its users alleging that hundreds of millions of dollars had been stolen.

Istanbul, Turkey

Videos

A Missing CEO and an Offline Turkish Crypto Exchange: What Happened With Thodex?

Thodex, a Turkish crypto exchange, abruptly halted trading Thursday, and its CEO, Faruk Fatih Özer, is missing. Thodex had $585M in crypto on the exchange, and users fear they're lost forever. "The Hash" panel debates what might have happened at Thodex and what crypto investors can learn from the incident.

Recent Videos

Pageof 1