Faruk Fatih Özer was convicted in the collapse of the Thodex Crypto exchange in 2021, and much to the chagrin of prosecutors, he was given barely 25% of the requested prison time for his part in the fraud, money laundering, and operating a criminal organization.
His sentence, a mere 11,196 years in prison in Turkey. Prosecutors had asked for a sentence of 40,000 years.
Thodex users lost over $2 billion when the exchange suddenly refused to allow withdrawals, eventually dissolving in a miasma of charges and accusations.
