Faruk Fatih Özer, the founder of Thodex, one of Turkey's largest crypto exchanges, will be extradited to Turkey after being arrested in Albania in August to face charges of fraud and running a criminal organization, state media aa.com reported on Friday.

Özer's exchange went dark last year leaving thousand of users in the dark. Özer then fled to Albania.

Turkey had started the extradition process after he was arrested in Albania in August.

Read More: Founder of Turkish Crypto Exchange Thodex Arrested in Albania

UPDATE (Nov. 18, 12:55 UTC): Updates headline, adds additional background.