Stock Market Today: Indexes Finish Higher, Post Weekly Losses

Apple stabilizes after shedding nearly $190 billion in market value in two days

The founder of a collapsed cryptocurrency exchange has been sentenced to more than 11 millennia in jail.

The 11,196-year sentence was handed down late Thursday by a panel of judges in Turkey to Faruk Fatih Özer, Turkey’s state-run Anadolu Agency reported. Özer was the founder of the Thodex exchange, which imploded in 2021. Other defendants sentenced Thursday included siblings of Özer.

Thodex’s users lost over $2 billion worth of cryptocurrency when it barred them from withdrawing funds, according to research firm Chainalysis. #cryptonews #bosscrypto