Turkish | Crypto

The CEO of former crypto exchange Thodex was found dead in his prison cell. He was serving time for a $2-billion exit scam. Faruk Fatih Özer was found dead in his prison cell on Nov. 1. The former CEO of now-defunct crypto exchange Thodex was serving an 11,000-year sentence for running one of the largest crypto scams in history. His death marks the latest turn in the Thodex saga, with ripple effects so significant they altered Turkish cryptocurrency laws. The initial details of Özer’s death point to suicide, but the investigation is still ongoing. It has once more brought Thodex back into the spotlight. Read more

The CEO of former crypto exchange Thodex was found dead in his prison cell. He was serving time for a $2-billion exit scam. Faruk Fatih Özer was found dead in his prison cell on Nov. 1. The former CEO of now-defunct crypto exchange Thodex was serving an 11,000-year sentence for running one of the largest crypto scams in history. His death marks the latest turn in the Thodex saga, with ripple effects so significant they altered Turkish cryptocurrency laws. The initial details of Özer’s death point to suicide, but the investigation is still ongoing. It has once more brought Thodex back into the spotlight. Read more

Blockchain developer known as Fede’s Intern confirmed his release from Turkish custody on August 11 after authorities detained him over alleged connections to Tornado Cash. The developer posted on X that international intervention secured his freedom following a brief detention at Izmir airport. Turkish police detained the developer upon arrival in Izmir, where he planned […] The post Crypto developer walks free from Turkish custody after privacy protocol research triggers detention appeared first on CryptoSlate.

The decentralized exchange was one of 46 websites Turkey's financial regulator said would be blocked for residents. Turkey’s Capital Markets Board, the country’s financial regulator, announced it had blocked access to websites “providing unauthorized crypto asset services.” In a Thursday notice, the Capital Markets Board said it had taken legal action against 46 websites, including decentralized exchange PancakeSwap and Cryptoradar, in a crackdown on crypto services offered to residents of Turkey. The regulator cited the country’s Capital Markets Law as its authority to block the websites. PancakeSwap reported more than $325 billion in trading volume for June, making it one of the most significant decentralized exchanges alongside Uniswap and Curve. It’s unclear how Turkish authorities determined the platform had been offering “unauthorized” services. Read more