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Crypto Exchange Founder Gets One Of History's Longest Jail Sentences — 11,196 Years Behind Bars
Friday, September 8, 2023 - 9:37am | 450A Turkish court sentenced Faruk Fatih Ozer, the former head of the Thodex cryptocurrency exchange, to a staggering 11,196 years behind bars. The court's decision, announced this Thursday, was based on multiple charges, including aggravated fraud, money laundering, and heading a criminal group,...
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Cannabis Legalization In Albania, France To Restrict CBD In Cosmetics And More Global Updates
Wednesday, June 21, 2023 - 11:50pm | 396BC Leads Canadian Cannabis Sales Surge in April According to Statistics Canada, Canadian cannabis sales experienced a 1.3% increase in April, reaching C$411.7 million. Alan Brochstein reported that the growth was primarily driven by British Columbia, with sales in the province surging by 8.7% from...
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Turkish Crypto Fugitive Busted: 40,000+ Year Sentence?
Thursday, April 20, 2023 - 2:05pm | 331Faruk Fatih Özer, the CEO of the now-defunct Turkish crypto exchange Thodex, has been captured by authorities in Albania and is likely to be extradited to Turkey, as confirmed by Turkey's Interior Ministry. Before ceasing its operations unexpectedly in April 2021, Thodex was among Turkey...
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The Albanian Ponzi Schemes Collapse On This Day In Market History
Wednesday, January 25, 2023 - 1:17pm | 318Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 25, 1997, a series of huge Ponzi schemes in Albania simultaneously collapsed. Where Was The Market? The S&P 500 was trading at 765.02 and the Dow Jones Industrial...
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Cannabis Reg. Update: BC Expands Delivery Options, Another MO Medical Cannabis Dispensary Unionizes, Albania Moves Toward Legalization
Monday, July 11, 2022 - 12:10pm | 415BC Expands Delivery Options For Non-Medical Marijuana Officials in the Province of British Columbia said recently that they intend to expand delivery options for legal non-medical cannabis, allowing retailers to deliver marijuana products to consumers through carriers including Canada...