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- A Turkish court sentenced Faruk Fatih Ozer, the founder of failed crypto exchange Thodex, to 11,196 years in prison.
- Ozer and his two siblings received similar jail times on Thursday, Bloomberg reported. The court found them guilty of fraud and other charges.
- Ozer dropped out of high school and had founded Thodex in 2017.
A Turkish court on Thursday found Faruk Fatih Ozer, the high-school dropout founder of failed cryptocurrency exchange Thodex, guilty of on multiple charges including leading a criminal organization, aggravated fraud, and money laundering.