Turkish crypto exchange, Thodex, halts trading overnight, traders face turmoil

Turkish crypto exchange, Thodex, halts trading overnight, traders face turmoil

The CEO of the company, Faruk Fatih Ozer, allegedly fled to Thailand with $ 2 billion.

Turkish-based crypto exchange Thodex abruptly shut down trading activities on its platform, causing panic among the users.

Allegedly, Thodex CEO Faruk Fatih Özer left the country last evening and deleted his social media accounts.

One estimate put the locked-up funds at between $2-10 billion. 

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