The founder of an electronic crypto exchange company in Turkey is gone. Media reports he may have left Turkey with $ 2 billion, while at least 300,000 users have lost access to their accounts.
In Turkey, the national currency, the Lira, has been falling steadily for nine years in a row, pushing citizens to take risks in the hope of protecting their savings, or gaining something. The sudden rise in e-currencies recently attracted many investors, but things did not go so well for Thodex, one of the largest exchange companies in Turkey, which lost about $ 2 billion, as local media report.
Thodex with at least 700,000 users, most of whom registered after the company offered several million "Dogecoins" for free, say many "Dogecoins" were never distributed.
The media reports that 390,000 users cannot log in to their accounts. Thodex stated that it "temporarily" closed the platform to "fix an abnormal fluctuation in the number of users of the company".
Faruk Fatih Ozer, the founder of Thodex, has flown to Albania, taking with him $ 2 billion, the money of investors in his company.
The Turkish Justice Ministry is seeking to co-operate with Interpol to arrest Ozer.
Thodex denies all claims and says this problem has only affected 30,000 users. The company says inaccurate media reports have damaged the company's reputation, making it impossible to continue its operations.
"Claims that the accounts of 391,000 people have disappeared after losing at least $ 2 billion are baseless," Thodex said in a statement.