Cryptocurrencies

Turkey Seeks Thousands of Years Jail Time for Missing Crypto CEO

Photographer: Chris Ratcliffe/Bloomberg
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A Turkish prosecutor is pursuing jail sentences totaling thousands of years for founders and executives of the Thodex cryptocurrency exchange, a year after it halted trading and its chief executive disappeared.

The indictment on Istanbul-based Thodex seeks sentences of up to 40,564 years for each of the 21 defendants, Demiroren News Agency reported Thursday.