Share this article
Founder of Crypto Exchange Thodex to Be Extradited to Turkey From Albania: Report
Faruk Fatih Özer disappeared in 2021, taking funds from 400,000 users.
Updated May 9, 2023, 4:03 a.m. Published Nov 18, 2022, 12:03 p.m.
Faruk Fatih Özer, the founder of Thodex, one of Turkey's largest crypto exchanges, will be extradited to Turkey after being arrested in Albania in August to face charges of fraud and running a criminal organization, state media aa.com reported on Friday.
Özer's exchange went dark last year leaving thousand of users in the dark. Özer then fled to Albania.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Turkey had started the extradition process after he was arrested in Albania in August.
Read More: Founder of Turkish Crypto Exchange Thodex Arrested in Albania
UPDATE (Nov. 18, 12:55 UTC): Updates headline, adds additional background.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Plus pour vous
Jump Trading sued for $4 billion in connection to Do Kwon’s Terra Labs collapse: WSJ
The administrator winding down what remains of Terraform is suing Jump Trading, accusing it of contributing to its demise while profiting illegally.
Ce qu'il:
- The bankruptcy administrator of Terraform Labs is suing Jump Trading for allegedly profiting from and contributing to a $40 billion crash.
- Todd Snyder, responsible for winding down Terraform Labs, seeks $4 billion in damages from Jump Trading and its executives.
- Terraform Labs collapsed in 2022 after its stablecoin TerraUSD lost its dollar peg, leading to a market crash and the downfall of its sister token, Luna.
Top Stories
