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Saturday, May 17, 2025

Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + More News - Cryptonews

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
Albanian police arrested Fatih Ozer, Founder and CEO of crypto exchange Thodex, and the process to extradite him to Turkey has started, the Turkish Interior Ministry said on Tuesday. Ozer has been sought by Turkish authorities over fraud accusations.
Troubled crypto lender Hodlnaut said its legal representatives on Monday attended the Interim Judicial Management hearing, and that a judge has appointed Ee Meng Yen Angela and Aaron Loh Cheng Lee of EY Corporate Advisors Pte. Ltd. as the Interim Judicial Managers. Hodlnaut froze withdrawals earlier in August, citing challenging market conditions.
The government of the Central African Republic, a country that adopted bitcoin as legal tender in April this year, will not be allowed to sell land and citizenship in exchange for investments in the country’s cryptocurrency, the...



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