Defunct Crypto Exchange Thodex CEO Found Dead In Prison Cell — Report

Bitcoinist•Sunday, November 2, 2025 at 11:00:06 AM

Faruk Fatih Ozer, the founder of the defunct Thodex crypto exchange, has been found dead in his prison cell in Turkey, where he was serving an unprecedented sentence of over 11,000 years for financial crimes. This tragic event raises questions about the circumstances surrounding his death, with some speculating it could be a suicide. Ozer's case has drawn significant attention due to the massive scale of the fraud involved, impacting thousands of investors. His death could have implications for ongoing investigations and the future of cryptocurrency regulation in Turkey.

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