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The CEO of the company, Faruk Fatih Ozer, allegedly fled to Thailand with $ 2 billion.
Turkish-based crypto exchange Thodex abruptly shut down trading activities on its platform, causing panic among the users.
Allegedly, Thodex CEO Faruk Fatih Özer left the country last evening and deleted his social media accounts.
One estimate put the locked-up funds at between $2-10 billion. (ILKHA)
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The Central Bank of the Republic of Türkiye (CBRT) has published its Sectoral Inflation Expectations report for August 2025, showing a notable decline in annual inflation expectations across key sectors.
The Turkish Statistical Institute (TurkStat) reported on Monday that confidence levels in key economic sectors showed mixed trends in August.
Da Afghanistan Bank announced on Sunday that the Afghani has appreciated by 21 percent against foreign currencies over the past four years, with significant strengthening against the US dollar.
The Turkish Statistical Institute (TurkStat) announced on Thursday that the consumer confidence index increased in August.
