General
Founder of Turkish cryptocurrency exchange Thodex flees with reported $US2 billion in investor assets
Turkish prosecutors have opened an investigation after the Istanbul-based founder of a cryptocurrency exchange shut down his site and fled the country with a reported $US2 billion ($2.6 billion) in investors’ assets.
Key points:
- Local media reports say Mr Ozer had flown either to Albania or Thailand
- Reports say the Thodex website and the entire exchange had shut down while holding at least $US2 billion from 391,000 investors
- Thodex has been launching aggressive campaigns to lure investors
The Thodex website went dark after posting a mysterious message saying it was suspending trading for five days on Wednesday (local time) because of an unspecified outside investment.
Turkish security officials then released a photo of Thodex founder…
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