A man is being puzzled from the state, Turkey, after allegedly committing a $2 billion mistake. He used to be reported by way of more than 400,000 digital
asset traders, and has ultimately been arrested in Albania. Faruk Fatih zer is the CEO of Thodex, a digital asset alternate that went bankrupt in April 2021. Initially, he withdrew, claiming a technical glitch, but later admitted his gadget used to be
uncovered to a cyber attack. Later, reports emerged of the company's executives committing fraud and leaving the company. Reports in Turkey at the time claimed that Faruk and his co-
conspirators had taken $2 billion in investor dollars from at least 400,000 traders. Chainalysis places the figure at $2.6 billion. The CEO has considering that been a fugitive, with Interpol issuing a purple note for him. In a
announcement this week, Albanian Interior Minister Bledar uçi revealed that the fugitive has now been arrested in Vlorë, a seaside town in southwestern Albania. His identification was once confirmed the usage of biometrics, the
minister printed in a declaration addressed to his Turkish counterpart. The arrest ought to be one of the most sensational felony actions in the digital asset industry. In April 2022, prosecutors in Turkey requested where they requested for a sentence to sentence
the fugitive to 40,564 years in prison. Prosecutors also sentenced in a similar fashion to some other sixty two people arrested in 2021 in connection with the case, accusing them of crook organization, fraud thru the system in formatics and laundering of proceeds from activities. Before he used to be
taken to Albania, Faruk used to be recognised to have transferred $125 in BTC to Kraken, an exchange that used to be too close to illegal activity. However, Faruk regretted publicly, even claiming he had pondered suicide. The arrest may want to be one of the most sensational criminal actions in the digital asset industry. In April 2022, prosecutors in
Turkey requested where they requested for a sentence to sentence the fugitive to 40,564 years in prison. So I decided to remain alive and fight, work and pay my debt to you. The day I get all my debts, I will return to my united states and
submit myself to the courts," he claimed at the time. Thodex is the biggest scam in the digital asset industry in 2021, taking benefit of 90% of all money lost from investors due to closing year's carpet draw.
