11,196 Years Jail Sentence for Faruk Özer, CEO of Turkish Crypto Exchange Thodex

I wouldn't recommend anything written by a Taraf worker to anyone. For years, they had been publishing blatantly made up stories about "Kemalist military planning yet another coup against Erdoğan" and slandering some generals specifically, costing the generals their lives. When asked a source for all their claims, they answered "someone drops secret documents in front of our door".

This dude, along with Erdogan has many innocent people's blood on their hands.

It is very funny how Erdoğan's Islamist friends suddenly became the victim after they fell apart, while they were the ones doing his dirty work. Their tyranny killed thousands, and negatively and directly affected the lives of millions, including schoolchildren who couldn't enter a decent university they deserved because cultists literally distributed the answers of the entrance exam in their "cram schools" to their students. Anyone going against them had their lives turned to hell.

You can't fix inflation of national currency by just not using national currency and switching to grey money used mainly by criminals like DPRK or Russia to bypass sanctions and get paid from cybercrime.

Actually switching to crypto and resulting lower demand for national currency would be part of the problem increasing inflation.

Triple life sentences are not dumb...

Lets say you murder 3 people, go to trial and are convicted on 3 counts and given 3 life sentences.

Then lets say one of the sentences is overturned/appealed the others can still stand.

Now 11k seems rather insane, but if you commit 11 thousand infractions and each one comes with a years sentence then you can get weird outcomes like this. That or the court system is insane, I don't have any interest in learning Turkish law at this point to see which one applies here.

Double or triple life sentences matter in most jurisdictions. First, "life sentence" in many places means something like "life sentence, or 20 years with good behavior or parole", so a double life sentence makes release less likely. Second, multiple life sentences usually come from different instances of the offense, so it reduces the chance that a single appeal or reversal will release the convict (for example, someone who gets 4 life sentences for killing four people and then it's discovered that one of the victims actually died of something else, the convict would still have 3 life sentences to serve).

The Turkish justice system is a joke, between good behaviour and prison overcrowding, I bet he won't even serve 1% of his 11,196 year sentence.

Let me guess. You like crypto.

> Thodex was one of Turkey's largest crypto exchanges before it suddenly went offline in April 2021 and Özer went missing ... without access to deposits of $2 billion in cryptocurrencies.

A billion is a thousand million. 5.5 years per million stolen isn't that much.

The Turkish justice system metes out stiff sentences, then reduces or pardons them outright later.

You can destroy many people lives without physical violence.

Stealing money and fraud are very serious crimes, because they have the power to completely destroy a person's life, just as much as a punch or a kick can, in fact much more.

Let’s say you run a successful Ponzi scheme. You get ten thousand investors to fall for your fraud, and lead them to believe wholeheartedly that their money is safely invested in your scheme. When it collapses, the financial turmoil is so great it causes 0.1% of your “investors” commit suicide. In this case your fraud clearly had a strong influence on 10 people ending their lives. It seems to me in this case there is some argument for imprisonment in this case, as you would definitely go to prison for causing 10 people to die in other circumstances.

The total impact of non-violent crimes can be much worse; a blanket rule like that wouldn't make much sense.

Would you rather be robbed at gunpoint with no physical harm and lose $100, or have your retirement savings entirely disappear in a fraud? What if that goes for 1000 other people also?