THODEX ARRESTS WHILE CEO IS MISSING

Six people have been jailed pending trial in Turkey in connection with the probe into crypto exchange Thodex, which recently went offline with its CEO going missing.

A spokeswoman for the prosecutor’s office said CEO Faruk Fatih Ozer’s brother and sister and other senior employees were among the six jailed, according to a report by Reuters.

The police detained at least 83 people in connection with the investigation over the last week, most of whom have since been released.

Suleyman Soylu, Turkey’s Minister of the Interior, said the company’s portfolio totaled $108 million.