Bloomberg Tech

CEO of Collapsed Crypto Exchange Arrested in Turkey on Return

Faruk Fatih Ozer, the former CEO of the collapsed cryptocurrency exchange Thodex, has been extradited from Albania to Turkey to face charges of fraud and money laundering. Upon his arrival at Istanbul Airport on Thursday, the 29-year-old was immediately detained by police, according to state-run Anadolu Agency.

The Great British Takeaway Lives On: The London Rush

The end of pandemic lockdowns didn’t bode well for food delivery firms like Deliveroo, once a promising addition to the London Stock Exchange. Now it’s trying to navigate the cost-of-living crisis, which caused orders to decline in the first quarter. But the great British takeaway lives on, with revenue in the UK and Ireland climbing 11% from January to March. In other news, Israeli billionaire Teddy Sagi sweetened his bid for software solutions firm Kape Technologies.