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Top related persons:
Faruk Fatih Özer - 1 Hakan Akgun - 1 Özer - 1 Faruk Fatih Ozer - 1 Ozer - 1 Sam Bankman - 1 Lehman - 1 Fried - 1
Top related locs:
Turkey Faruk Turkey’s Wall Silicon Albania
Top related orgs:
Anadolu Agency - 2 Bloomberg - 1 Service - 1 Prosecutors - 1 Alameda Research - 1

Search resuls for: "Faruk Fatih Özer"


2 mentions found


☆ Boss of Failed Crypto Exchange Gets 11,196-Year Sentence
  + stars: | 2023-09-08 | by ( ) www.wsj.com   time to read: 1 min
Faruk Fatih Özer, seen here in April, was sentenced Thursday. (Hakan Akgun/dia images/Getty Images)The founder of a collapsed cryptocurrency exchange has been sentenced to more than 11 millennia in jail. The 11,196-year sentence was handed down late Thursday by a panel of judges in Turkey to Faruk Fatih Özer, Turkey’s state-run Anadolu Agency reported. Özer was the founder of the Thodex exchange, which imploded in 2021. Other defendants sentenced Thursday included siblings of Özer.
Persons: Faruk Fatih Özer, Hakan Akgun, Özer Organizations: Anadolu Agency Locations: Turkey, Faruk, Turkey’s
☆ The founder of a failed crypto exchange was sentenced to 11,000 years in prison
  + stars: | 2023-09-08 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +3 min
A Turkish court sentenced Faruk Fatih Ozer, the founder of failed crypto exchange Thodex, to 11,196 years in prison. He was sentenced to 11,196 years in prison, according to a Bloomberg report. Ozer had founded his company in 2017 and it became one of Turkey's largest crypto exchanges. "I am smart enough to lead any institution on Earth," Ozer said in court, the state-run Anadolu Agency reported him as saying. Bankman-Fried's crypto exchange imploded in November 2022, sparking a chain reaction of bankruptcies and blow-ups that led many in the sector to name it crypto's "Lehman moment."
Persons: Faruk Fatih Ozer, Ozer, Sam Bankman, Lehman, Fried Organizations: Bloomberg, Service, Anadolu Agency, Prosecutors, Alameda Research Locations: Wall, Silicon, Albania, Turkey
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