Thodex Founder Faruk Fatih Özer Facing Major Development in Flash News
Founder of Thodex Sentenced to Over 11,000 Years in Prison for Fraud
Faruk Fatih Özer, the founder of the Thodex crypto currency exchange, has been sentenced to a staggering 11,196 years and 10 months in prison for his involvement in a massive fraud scheme. Özer was arrested in Albania on charges of defrauding thousands of people through the Thodex platform.
The Istanbul 22nd Regional Courthouse Court has completed its investigations into the case, with 7 of the 21 defendants detained. The court has decided to break the file, while Özer will remain in detention on charges related to justifying assets from criminal activities.
In a statement released by his lawyer, Sevgi Erarslan, it was emphasized that Özer is innocent until proven guilty by a final court decision. The presumption of innocence is a fundamental principle of a democratic state of law, ensuring the protection of the rights of suspects and defendants in the trial process.
Erarslan further commented on the dynamic nature of the trial process and the importance of evaluating each crime attribute independently. The decision to continue Özer’s detention on fraud charges and evacuate in terms of the organized crime attribute highlights the complexity of the case.
As the legal proceedings against Özer continue, the public remains eager to see how this high-profile case will unfold. The appeal court will now review the case, determining the next steps in this ongoing legal saga.
