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Boss of Failed Crypto Exchange Gets 11,196-Year Sentence

By newsuniverse


The founder of a collapsed cryptocurrency exchange has been sentenced to more than 11 millennia in jail.

The 11,196-year sentence was handed down late Thursday by a panel of judges in Turkey to Faruk Fatih Özer, Turkey’s state-run Anadolu Agency reported. Özer was the founder of the Thodex exchange, which imploded in 2021. Other defendants sentenced Thursday included siblings of Özer.



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