


The founder of the cryptocurrency exchange Thodex, Faruk Fatih Özer, was found hanging in his room at Tekirdağ F Type High Security Closed Penal Institution after being arrested on fraud charges.
Özer, who was facing a total prison sentence of 11,190 years and 6 months for charges including 'Establishing and managing an organization', 'Qualified fraud', and 'Money laundering', was found this morning in the bathroom of his solitary confinement cell. Prison officials confirmed his death during a routine check.
While the possibility of suicide is being considered, a comprehensive investigation into the incident has been launched by the Tekirdağ Chief Public Prosecutor's Office. This situation will be recorded as a significant turning point in the history of Thodex.
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