Did you guys know that Thodex exchange CEO go away with all the funds available on his exchange?? Recently TURkey banned crypto and now happen now this ..You can read up the information below for better understanding:
EXPLANATION
The CEO of the Turkish cryptocurrency exchange Thodex has recently gone missing, leaving many users of the exchange worried about their funds. The Thodex Exchange has recently been temporarily shut down. According to the information provided by the exchange, they have closed the exchange for some unusual transactions in their company's account.
According to a local newspaper, Farouk Fatih Ozar, the creator of the Thodex Exchange, fled to Albania with 2 billion cryptocurrencies worth investors. Demiroren newspaper published a picture of Farooq Fatih showing that he had recently left Istanbul airport.
A lawyer has filed a lawsuit against Farooq Fatih, saying the Thodex exchange has about 4 lakh users, of which about 390,000 are currently active, although the Thodex exchange has denied that Ebnov said there are currently 30,000 active users on their exchange.
Another local newspaper reported that Turkish authorities had issued an international arrest warrant against Farouk Fatih. Meanwhile, local police have arrested 72 people from six cities, including Istanbul. Many users of Thodex have complained against the company, saying they are unable to access their accounts and are worried about their money on the exchange. Many people in Turkey have recently invested their money in cryptocurrencies to devalue the Turkish lira.
According to a Bloomberg report, Thodex recently promised to give away millions of Dodge Coins for free to new users, and according to them, they distributed 4 million Dodge Coins to new users for free, although many users claimed they did not receive any free Dodge Coins.
Such incidents are not new. Last year, the users of an exchange lost a lot of money through the mysterious death of its founder. This is a warning to everyone. Crypto can never be kept on the exchange for long. Remember, "If you don't have a private key, you don't own a crypto."
What do you think now that will the fund will be back for user or not ??
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