Former CEO of Turkish Crypto Exchange Thodex is Arrested in Albania
Faruk Fatih Özer, former CEO of crypto exchange Thodex, has been arrested by law enforcement officers of Albania at the request of the Turkish authorities.
According to a statement by the Turkish Interior Ministry, the identity of the detainee has been confirmed by a biometric examination.
The country’s Interpol branch initiated the extradition procedure for Özer, for whom a “red notice” was issued.
Thodex unexpectedly stopped trading on April 20 last year. Initially, the platform cited technical work, but then claimed to be transferring the business to a “major partner,” which would supposedly take 4-5 days.