The $2B Thodex Exit Scam That Shook Turkey 🕵️‍♂️💸

[AIcash]

In April 2021, Thodex suddenly froze withdrawals, and CEO Faruk Fatih Özer fled the country — allegedly with $2 billion in investor funds.
After a year on the run, he was captured in Albania and extradited to Turkey in 2023.
By September 2023, Özer and his siblings were sentenced to over 11,000 years each for fraud and money laundering.

[Nahid Hossen]

One of the biggest wake-up calls in crypto history — trust is earned, not promised.

[EmTeam]

The Thodex case showed how quickly greed can collapse an entire market.