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collapsed turkish in istanbul exchange thodex Bnb Eth XRP crypto futures coinbase futures binance futures litecoin futures
Turkish crypto exchange Thodex collapsed, with CEO Faruk Özer extradited and arrested in Istanbul. Özer faces fraud charges, sentenced to 11-196 years in prison. Thodex's disappearance and subsequent shutdown have rocked the Turkish crypto community, raising questions about regulatory oversight and consumer protection in the burgeoning crypto market.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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