Failed Crypto Exchange CEO Found Dead in Turkish Jail, TRT Says

Faruk Fatih Ozer, center, in Istanbul in April 2023. — Faruk Fatih Ozer, center, in Istanbul in April 2023.Photographer: Hakan Akgun/Getty Images

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November 1, 2025 at 10:20 AM UTC

Faruk Fatih Ozer, the former chief executive of collapsed cryptocurrency exchange Thodex, has been found dead in his prison cell in the western Turkish city of Tekirdag, state-run broadcaster TRT reported.

An investigation is under way and officials are focusing on possibility that Ozer committed suicide, TRT said on Saturday.