Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania

Albanian authorities person detained the laminitis and main enforcement of the Turkish cryptocurrency speech Thodex, who allegedly fled Turkey with lawsuit funds arsenic the trading level collapsed. Faruk Fatih Ozer was wanted for fraud with a reddish announcement issued by Interpol.

Albania Captures Alleged Crypto Fraudster, Prepares to Hand Him Over to Turkish Judiciary

Police successful Albania arrested 27-year-old Turkish businessman Faruk Fatih Ozer who founded and operated the now-defunct crypto speech Thodex. Albanian instrumentality enforcement has been trying to find him since helium reportedly fled to the state with $2 cardinal of investors’ assets. Close to 400,000 radical are believed to person suffered losses.

According to an announcement by Turkey’s Ministry of Internal Affairs, quoted by the Anadolu Agency and different Turkish media, the Minister of the Interior of Albania Bledar Çuçi informed his counterpart successful Ankara, Süleyman Soylu, that Ozer was captured successful the metropolis of Vlora. His individuality was confirmed by biometric data.

Ozer disappeared successful 2021 pursuing the shutdown of his coin trading level which gained popularity during the crypto roar successful Turkey wherever galore were trying to support their savings from the ostentation of the Turkish lira which was rapidly depreciating. In April of past year, Turkey issued an planetary apprehension warrant for him.

Turkish prosecutors seek situation sentences totaling thousands of years for Thodex’s founders and different members of its enforcement squad suspected of halting trading arsenic portion of an exit scam. They are accused of committing fraud and wealth laundering, with authorities claiming that the damages from their activities exceeded an estimated 350 cardinal Turkish liras (close to $20 cardinal astatine existent speech rates).

The Turkish interior ministry said that Albania has already initiated the indispensable procedures for Ozer’s extradition to Turkey. He is present being held successful Elbasan, the Daily Sabah wrote, quoting a connection by the Albanian city’s authoritative Kreshnik Ajazi for the Balkan Investigative Reporting Network (BIRN). Ozer is expected to look successful tribunal soon.

So far, much than 60 different radical associated with Thodex person been detained arsenic portion of the probe successful Turkey. The Albanian constabulary said that during its cognition for Ozer’s arrest, a nonmigratory of Tirana and different idiosyncratic from Durrës were apprehended to find their relations with the suspect. Laptop computers, mobile phones, slope cards, and different items were seized arsenic evidence.

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