Thodex founder handed over 460 life sentences in prison for massive Turkish crypto scandal

Fatih Özer, the founder of the failed crypto exchange Thodex, has been sentenced to 11,196 years, equivalent to 466 life sentences, in Turkish prison, Bloomberg reported on Sept. 7.

Özer was sentenced alongside his brother Güven Özer and sister Serap Özer for fraud, among other related crimes such as organizing and managing criminal organizations, laundering of criminal proceeds, and others.