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Boss of Failed Crypto Exchange Gets 11,196-Year Sentence

WSJ Original article ›
LyrArc Article Gist
Thodex cryptoexchange in Turkey lost $2 billion for users who could not withdraw funds. It imploded in 2021. The founder of this cryptoexchange was sentenced for a lengthy period by Turkey's prosecutors. WSJ compares sentences in Turkey to the sentences in the US for fraud and money laundering.



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