He Emptied an Entire Crypto Exchange onto a Thumb Drive. Then He Disappeared

Faruk Fatih Özer, the 27-year-old founder and CEO of the Turkish cryptocurrency exchange Thodex, disappeared under mysterious circumstances after a suspected cyberattack on the platform. He claimed innocence and promised to return to Turkey to resolve the issue, but police launched an investigation and arrested his family members and employees amid accusations of a $2 billion scam. Özer’s rise to crypto fame began in 2013, as Turkey’s economy was on the brink, and he capitalized on the country’s interest in tech entrepreneurship. Thodex quickly became one of Turkey’s top exchanges, attracting a large user base before its sudden collapse.

https://www.wired.com/story/faruk-ozer-turkey-crypto-fraud/

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