390,000 users of the Turkish cryptocurrency exchange Thodex find themselves without access to their investments and suspect that its owner has fled abroad with the funds, Bloomberg writes.
An official signal to the authorities was submitted on Wednesday, Oguz lawyer Evren Kilic, who represents some of the consumers, told the agency. According to him, it is about hundreds of millions of dollars. The prosecution has already launched an investigation.
Farouk Fatih Ozer, the chief executive and founder of the cryptocurrency exchange, could not be found and is said to have left the country – probably on a flight to Albania on Wednesday night, according to a local news agency.
As authorities and investors try to figure out what happened to Ozer, Thodex and the investment, politicians are calling for swift regulation of the crypto market. Last week, Ankara banned the use of cryptocurrencies for payment.
In mid-March, Thodex launched a campaign to increase its users, claiming that it would distribute millions of dogecoin to new entrants. The website claims that 4 million dogecoins have been distributed, but many people complain on social media that they have not received anything.
The company itself claims that the suspension of the stock exchange is due to a “partnership offer” and the services will not work “four or five working days”, and investors should not worry.
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