April 21, 2021. Turkey’s third-largest crypto exchange shut down without warning. The 27-year-old CEO disappeared. $2 billion vanished. 400,000 users locked out. Then came the selfie from Albania: “I’m not running. I’m working.” But Interpol disagreed. This is Thodex—the audacious exit scam that shocked a nation.
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ICO Fraud Timeline: 2017’s Biggest Token Scam Disasters
In 2017, the ICO boom turned into a blood-bath. Investors poured billions into phantom tokens. Some of the worst scams—Pincoin, AriseBank, PlexCoin—vanished overnight, leaving ruin in their wake. Learn the dark timeline of token frauds that shook crypto’s early days.