Friday, September 8, 2023

"Founder of the Thodex crypto exchange sentenced to 11,196 years in prison"

From Web3 Is Going Just Great, September 8:

As of writing, the April 2021 $2 billion Thodex exit scam is the second largest exit scam recorded in the Web3 is Going Great leaderboard. Thodex was one of the largest crypto exchanges in Turkey, until its CEO, Faruk Fatih Özer, disappeared along with $2 billion in customer funds....

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Eleven thousand years in a Turkish prison sounds pretty rough. 

Someone should tell Bankman-Fried things could be worse than not having access to his fave vegan nosh.