Authorities arrested 62 of 78 security forces in eight provinces, Istanbul’s Al Jazeera correspondent reported, citing Turkish security sources.

The arrests are part of an investigation into the cryptocurrency exchange company Todex, which allegedly defrauded investors.

Authorities allege that Farooq Fateh Osar, the CEO and founder of the company, seized millions of dollars invested by the company’s 390,000 investors.

Bloomberg said the money invested in the cryptocurrency spec deal could no longer be recovered.

Turkish authorities have issued a red international arrest warrant for Farooq Fatih Osar, CEO of Theodex cryptocurrency exchange.

The Turkish Anadolu news agency reported that Oser left for Albania via Izanbul airport last Tuesday. Local media reported that he had vowed to repay investors and then return to Turkey to face justice.

Founded in September 2017 in the Sisley district of Istanbul by Oser Todex with a capital of 400,000 lira.

International Prosecution

Turkey’s General Directorate of Security said on Thursday evening that it had received a request from the Istanbul prosecutor to issue a red notice against Osiris, who left the country a few days ago. Stay in Albania.

The statement said that he had links with the international police and had issued a red notice against Osiris on Friday morning.

Turkish Interior Minister Suleiman Soylu made the phone call with an Albanian – based Kundarblider jogger on Thursday evening to arrest Osar and extradite him to Turkey, the Anadolu agency said.

“Todex” is a digital currency exchange operating under the license of “Finsen MSB” in the United States, and is open to users around the world.

However, since April 20, a statement has been issued stating that the closure of the website is “temporary” and that proceedings are underway for a “new partnership”. .

It is noteworthy that the use of currencies and digital assets in the purchase of goods and services was recently banned by the Turkish Central Bank, which is subject to irreparable damage and great risk in those transactions.

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