The Turkish court overturned the guilty verdicts of 16 Thodex defendants on serious fraud charges, but only 4 were fully acquitted. Thodex founder Faruk Fatih Öze, his sister Serap Özer, and his brother Güven Özer were still sentenced to a total of 11,196 years in prison for additional charges including aggravated fraud and money laundering. Previously, Faruk Fatih Özer, the founder of Thodex, one of Turkey's largest cryptocurrency exchanges, and his family were sentenced to a total of 11,196 years, 10 months, and 15 days in prison, along with a fine of 135 million lira (approximately 5 million USD). (BeInCrypto)