I still remember the morning I heard about AAX. I was numb. Made a huge mistake staking a lot of USDT/USDC/ETH/BTC there because of their high interest rates.

🚨 Thodex Collapse: The $2 Billion Crypto Scam! 🇹🇷💸
Imagine logging into your crypto app and finding… nothing. That’s what happened to 400,000 users of Turkey’s largest crypto exchange, Thodex. The company disappeared overnight, along with $2 billion of investors’ money. 💔

What Happened?

Faruk Fatih Özer, the CEO of Thodex, shut down the exchange suddenly and fled the country. For months, he avoided capture, but in 2024, he was arrested in Albania. This year, he was sentenced to an insane 11,196 years in prison.

😂 Joke: Looks like he’ll have plenty of time to think about his mistakes… for the next 11,000 years!

Why This Matters

Thodex seemed like a safe exchange, but it turned out to be a scam. People trusted it and lost everything. This is a big warning for everyone in crypto: not all platforms are safe.

How to Stay Safe

1️⃣ Do your research before using any exchange.
2️⃣ Don’t keep all your funds on one platform—use a secure wallet.
3️⃣ Be careful with “too good to be true” offers.

Final Thoughts

The Thodex scam is a lesson for all of us. Always stay cautious in the crypto world, and protect your money like it’s gold. Stay safe and trade smart! 💪✨