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Thodex Founder Faruk Fatih Özer Found Dead in Turkish Prison as Authorities Investigate

Officials have opened a formal probe into the cause of death.

Overview

  • Prison staff found Özer unresponsive during a routine check at Tekirdağ F-Type High Security Closed Penitentiary.
  • Local reports point to possible suicide, but officials have not confirmed a cause as forensic work continues.
  • Özer was serving a 11,196-year sentence after a 2023 conviction for leading a criminal organization, aggravated fraud, and money laundering.
  • Thodex shut down abruptly in April 2021, leaving users locked out and prompting investor claims of losses in the hundreds of millions of dollars.
  • After fleeing the country, Özer was located in Albania and later extradited to Turkey to face charges.