Thodex founder Fatih OzerThe extradition of ‘s from Albania has been approved.
Thodex cryptocurrency exchange has been on the agenda with fraud in recent years. Founder Fatih Özer fled Turkey with user funds.
Extradition of Thodex Founder Fatih Özer Approved
Faruk Fatih Özer, the founder of the crypto exchange Thodex, defrauded thousands of people and fled abroad with millions of dollars in crypto money. He was found to be hiding in Albania and was caught by Turkey’s attempts. Thereupon, Türkiye made an official application to the Albanian authorities for Özer’s extradition. However, the local court denied the request for extradition. After the second application was also rejected, the matter was brought to the Albanian Supreme Court. As a result of the high court examination, Özer’s extradition to Turkey was decided, and when the objection to the extradition decision was also rejected, Özer’s extradition to Turkey became final. Özer is expected to be sent to Turkey in the coming days.
Faruk Fatih Ozerand 20 other defendants, 6 of whom are still in detention, “establishing and managing an organization for the purpose of committing crimes”, “fraud by using information systems as a tool of banks or credit institutions” and “fraud and property of merchants or company managers and cooperative managers” He is facing prison sentences from 12,164 years to 40,562 years for “laundering the assets and values”.
