[Oni]

Sounds like they either lost the crypto, or Faruk took it and ran. Wouldn't be hard for him to hop a few countries over.

Federal police in Turkey are investigating Thodex, a cryptocurrency trading platform that handles hundred of millions of dollars in trades every day, after users complained they’d been locked out of their accounts, according to new reports from Reuters and Turkey’s TRT World news service. CEO Faruk Fatih Ozer reportedly fled Turkey on Tuesday and 62 people connected to Thodex have reportedly been detained.

Investigators raided Thodex’s headquarters in Istanbul on Thursday after
“thousands” of people in Turkey filed criminal complaints, according to TRT World. Users have been unable to access money in their accounts over the past three days and federal authorities have issued at least 78 arrest warrants, according to Reuters.

The Thodex website is currently down, but an archived version of the site saved by the Wayback Machine includes a denial from the company that anything sketchy was happening. The statement even suggests that banks want to invest in Thodex, hinting that the outage was due to this development.

Read More: https://gizmodo.com/ceo-of-turkish-crypt...1846746062

[Jiggly]

Damn, this is interesting. How would they lose the crypto?