🚨 The Rise of Thodex – Turkey’s Leading Crypto Exchange


Thodex was launched in 2017 as one of Turkey’s first major cryptocurrency exchanges, promising secure trading and high liquidity. It quickly became one of the most popular platforms in the country, attracting thousands of investors.


✔️ Thodex marketed itself as Turkey’s gateway to crypto, offering exclusive promotions and bonuses.

✔️ Users trusted the exchange, believing it was a legitimate and well-regulated platform.

✔️ At its peak, Thodex handled billions in transactions, making it a dominant player in Turkey’s crypto market.


But behind the scenes, a shocking exit scam was unfolding.


💰 The Scam – How Thodex Vanished Overnight


🚨 In April 2021, Thodex suddenly halted trading, preventing users from withdrawing their funds.

🚨 CEO Faruk Fatih Özer disappeared, fleeing Turkey with over $2 billion in investor funds.

🚨 Thousands of users were locked out of their accounts, realizing their money was gone.


For weeks, investors demanded answers, but Thodex’s leadership remained silent, fueling suspicions of fraud.


🔥 The Exposure – The Fall of Thodex


✔️ Turkish authorities launched an investigation, uncovering irregularities in Thodex’s financial records.

✔️ Interpol issued a red notice for Faruk Fatih Özer, making him an international fugitive.

✔️ Investors lost billions, with little hope of recovering their funds.


The exchange that once promised financial freedom was now exposed as one of Turkey’s biggest crypto frauds.


⚖️ The Aftermath – A Warning for Crypto Investors


🚨 Thodex’s collapse led to stricter regulations, forcing crypto platforms to improve transparency.

🚨 Investors lost millions, highlighting the risks of centralized exchanges.

🚨 The case exposed vulnerabilities in Turkey’s crypto market, raising concerns about security.


Thodex wasn’t just another failed exchange—it was a disaster that shook Turkey’s crypto industry.


🔮 Lessons Learned – Can Crypto Ever Be Truly Safe?


🚨 Always verify an exchange’s legitimacy—if financial records aren’t transparent, it’s a red flag.

🚨 Self-custody is key—never store all your funds on a centralized platform.

🚨 Regulation matters—crypto platforms must be held accountable.


The story of Thodex isn’t just a cautionary tale—it’s a reminder that crypto’s greatest strength can also be its greatest weakness.



🔥 This is the complete story of Thodex—one of Turkey’s biggest crypto scandals.


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