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Thodex cryptocurrency exchange collapse, founder investigation and customer asset claims

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Dark cryptocurrency trading room overlooking Istanbul's waterfront at sunset, with an empty chair, Bitcoin coin, case files and a closed vault representing the Thodex 2021 collapse.News

Why Did Thodex Close? Faruk Fatih Özer’s Flight, Arrest and Death

Thodex collapsed in 2021 as founder Faruk Fatih Özer fled to Albania. Follow his arrest, extradition, massive prison sentence, 2025 appeal and death.

Markesha Freeman

Markesha Freeman

Oct 25, 2026·10 min
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