Author Topic: Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud (Read 431 times)

newshunter · « **on:** April 24, 2021, 07:00:27 PM »

Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud

After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provinces and issued detention warrants for 16 more.

Source: Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud

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Altcoins Talks - Cryptocurrency Forum · « **on:** April 24, 2021, 07:00:27 PM »

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Gravatai · « **Reply #1 on:** April 24, 2021, 09:09:50 PM »

That is why I only use the top exchanges. Such cases undermine the credibility of cryptocurrency exchanges and cryptocurrencies in general. Perhaps this case also influenced the prices of cryptocurrencies, which fell significantly a few days ago.

TomPluz · « **Reply #2 on:** April 25, 2021, 06:18:58 AM »

There are so many scams all over the world and with the coming of cryptocurrency I am sure that scammers multiplied a thousand times or even more. Scammers are seeing cryptocurrency as the new paradise they can play with and many of them got successful in pulling off multi-billion scams. We should always be careful that we are dealing with reliable and legitimate cryptocurrency exchange that will not do the 'exit dance' even at a slight problem. And if there will be those that will do the exit scam they should be facing the full force of the law. Once they broke the trust of the people they should go to jail for 100 years.

Jamie07 · « **Reply #3 on:** April 25, 2021, 01:53:30 PM »

Such a good news if you are one of the victims and the whole crypto industry. Saving us from these frauds which might build another exchange if not apprehended.

Freemind · « **Reply #4 on:** April 25, 2021, 02:07:49 PM »

It seems perfect to me that the police of any country prosecute and arrest all those who commit fraud. If all countries did the same, many of the scams that disappear with investors' money would not exist, and that would make many potential investors dare to invest without fear. I hope that all countries will follow the example of Turkey.