In connection with the shutdown of Thodex, a Turkish exchange service, Turkish authorities have arrested six people in Thursday's hearing.
A Turkish court ruled that the suspects would face jail time. The suspects include Thodex's CEO's siblings and the senior staff members of the company.
The Turkish exchange halted trading on Apr. 22, claiming that services would reopen pending an outside investment. In a case reminiscent of the infamous Mt. Gox saga, customers were left in limbo, unable to access their funds.
Faruk Fatih Özer, CEO of Thodex, then deleted his social media accounts while the customer service line went dead. Özer was suspected of fleeing to Thailand with over $2 billion.
At least 83 people have been questioned by the authorities since the last week's shutdown and the police have detained dozens of people suspected to have been involved in the incident.
The Financial Crimes Investigation Board (MASAK) has also opened a fraud investigation and froze the exchange’s bank accounts.