It’s way more than the 115 years Sam Bankman-Fried could get.
“If I were to establish a criminal organization, I would not act so amateurishly,” Özer told the court, according to the Turkish state-run outlet Anadolu Agency.
Thodex came apart back in 2021, with its users losing a whopping $2 billion worth of cryptocurrency after it denied them access to withdrawing funds, according to data from the research firm Chainalysis cited in theThe Wall Street Journal noted that lengthy prison terms aren’t uncommon in Turkey. In fact, prosecutors in this case had initially wanted a maximum of 40,000 years for Özer. And last year, in an unrelated case, a Turkish preacher found guilt of sexual assault and abuse of minors was givenSuch long stints are practically unheard of in the United States, though, especially when it comes to similar crypto-related cases. Sam Bankman-Fried, who was behind the crypto exchange FTX, is facing up to 115 years in prison.
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