Thodex Founder Ozer Dey Found Dead for Turkish Prison Cell
Di man wey founder and ex-CEO of Thodex, Faruk Fatih Ozer, dem find am dead for im single cell for Tekirdag F-Type High Security Prison for Turkey on November 1. Authorities don open formal suicide investigation. Ozer, wey dey serve unusual 11,196-year sentence for aggravated fraud, money laundering and leading organised crime group, na im oversee the sudden collapse of Thodex for April 2021. That collapse cause estimated investor losses from $24 million to $2.6 billion. After e run go Albania, dem arrest am August 2022 and exradite am go Turkey in 2023. Traders dey monitor wetin e go mean as crypto market cap broad dey $3.66 trillion, up 0.39% in 24 hours but e don drop almost 10% for past month.
Neutral
Dis news na concern di dea death of de founder for one defunct exchange, no be any active cryptocurrency or trading pair. E fit make people dey concern small about exchange security and regulatory oversight again for short time, but e no too get chance to affect directly di prices of specific digital assets. Di overall market sentiment fit see small increase for caution for short time, but long-term trading no go change.