Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Use...
A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with the case. Crypto Exchange Accused of Exit Scam Turkish cryptocurrency exchange Thodex is offline and its CEO has reportedly gone missing. Thousands of investors are worried that their funds have been stolen since they are unable to access their accounts. A statement on the exchange’s....
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After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provinces and issued detention warrants for 16 more. Turkish police have detained 62 people as they continue to investigate an alleged exit scam potentially affecting 391,000 crypto exchange users and roughly $2 billion in investments. Yesterday, Cointelegraph reported that the major Turkish crypto exchange Thodex had abruptly halted trading and withdrawals amid reports of police raids. Today, in addition to the 62 already detained....
Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. Sixty-two people have been detained in connection with the first exchange whose CEO has fled the country. Second Turkish Crypto Exchange Being Investigated Following the alleged exit scam pulled by cryptocurrency exchange Thodex, another crypto trading platform is being investigated by Turkish authorities, the state-run Anadolu news agency said Friday.....
In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with a local bank. Additionally, management now appears to confirm earlier allegations that bitcoin withdrawal requests are not being honoured despite previously refuting this. Status of Investors’ BTC Unknown The last-minute revelations by MTI management appear to buttress the findings of an....
The CEO of Thodex, a Turkish cryptocurrency exchange established in 2017, has fled the country and left user funds irretrievable.
Turkey has now jailed six suspects connected to the cryptocurrency exchange Thodex, which has been accused of an exit scam. Turkish authorities and Interpol have widened their search for the exchange’s CEO, who fled the country before shutting down his trading platform, preventing customers from withdrawing their funds. Search Widens for CEO of Crypto Exchange Thodex A Turkish court has jailed six suspects in connection with the cryptocurrency exchange Thodex which has been accused of an exit scam, Reuters reported Thursday. The exchange abruptly halted trading last week after its....