Thodex CEO Found Dead: Further Scrutiny on Cryptocurrency Exchange Collapse

Faruk Fatih Ozer, the founder of the defunct Turkish cryptocurrency exchange Thodex, has been found dead in his prison cell in Tekirdag, Turkey. Ozer’s death follows the 2021 collapse of the exchange, which is widely considered one of the largest “rug pulls” in crypto history and left hundreds of thousands of investors with substantial losses. An investigation into his death will focus on the possibility of suicide, according to reports from authorities and news sources such as TRT.