Turkey arrests six in Thodex probe, including founder’s brother, sister
Six people have been arrested as part of an investigation into Turkish cryptocurrency exchange platform Thodex, state-run Anadolu agency reported on Thursday.
Those arrested include the brother and sister of Thodex founder Faruk Fatih Özer, the news agency said.
Police detained 62 people last week as part of an investigation into the company, which suddenly halted operations on April 21 leading to complaints from customers unable to access their money.
Özer is subsequently reported to have flown to Albania, where local police arrested two people accused of sheltering him on Tuesday.
His siblings, Güven Özer and Serap Özer, are accused of creating an organisation for the purpose of engaging in criminal activity, and fraud by using information systems, banks and credit institutions as a tool, according to Anadolu.
Trading volume via Thodex totalled $585.5 million on its most recent day of operations.
An Interpol red notice remains in place for Özer’s arrest.