EP 15 Shocking Revelations in Crypto World: CEO's Historic Sentence, Kenya's Rising Fears & a Tornado Cash Scandal You Won't Believe!

In a verdict that has sent shockwaves across the global financial landscape, Faruk Fatih Ozer, the once-celebrated boss behind the Thodex cryptocurrency exchange, has been handed an astonishing sentence of 11,196 years in prison. This extraordinary sentence comes after he was found guilty of defrauding investors of millions of dollars.

Kenyan officials are growing increasingly concerned over the potential risks associated with the burgeoning cryptocurrency market in the country. Recent reports highlight that the rapid adoption of digital currencies may inadvertently pave the way for money laundering and terrorism funding. The co-founders of the cryptocurrency mixer service, Tornado Cash. Roman Storm, a Washington state resident, and Russian national Roman Semenov stand accused of assisting cybercriminals in laundering over $1 billion in stolen cryptocurrency, with known affiliations to the DPRK-sponsored Lazarus Group.