Thodex

Faruk Fatih Özer, extradited by Albania after being nabbed for defrauding investors on his cryptocurrency platform, Thodex, was arrested in Türkiye on April 23.

"I am not a swindler. I have not defrauded anyone," Özer said in his statement at the police station.

Faruk Fatih Özer, arrested by Albanian police for defrauding investors on his cryptocurrency platform, Thodex, was extradited to Türkiye on April 20, the Albanian Supreme Court has ordered.

Türkiye issued an international arrest warrant in April 2021 for the fugitive businessman after he fled with a reported $20 million in investors' assets.

The founder of a cryptocurrency exchange Thodex, suspected of having fled Turkey with the assets of his clients, has been arrested in Albania, the Turkish Interior Ministry said on Aug. 30. 

Türkiye issued an international arrest warrant in April last year for fugitive businessman Faruk Fatih Özer, who fled with a reported $2 billion in investors' assets.

Faruk Fatih Özer, the founder and CEO of Thodex, has remained the sole suspect on the run in the judicial investigation into the cryptocurrency exchange platform.

The Turkish police have identified three more suspects in the Thodex cryptocurrency exchange platform fraud case, Demirören News Agency reported on May 17.

Those suspects include a software developer, a financial department employee and the wife of Thodex founder Faruk Fatih Özer's older brother, the report said.