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

The founder of a collapsed cryptocurrency exchange has been sentenced to more than 11 millennia in jail. The 11,196-year sentence was handed down late Thursday by a panel of judges in Turkey to Faruk Fatih Özer, Turkey’s state-run Anadolu Agency [reported](https://www.aa.com.tr/tr/gundem/thodexin-kurucusu-faruk-fatih-ozerin-dolandiricilik-davasinda-karar/2986295#). Özer was the founder of the Thodex exchange, which imploded in 2021.