Aiden Pleterski, the Canadian figure who called himself the “Crypto King,” is scheduled to face criminal trial on Oct. 5 in the Ontario Superior Court of Justice and is expected to represent himself in court. Authorities allege that between 2021 and 2022, Pleterski raised about $30 million from investors by claiming he could deliver high weekly returns. Canadian authorities filed charges in May 2024 tied to fraud and money laundering. According to the report, a conviction on the fraud count could carry a maximum sentence of 14 years in prison for a single offense. The case places Pleterski back in court as prosecutors pursue criminal allegations linked to his crypto-related fundraising activities.
Aiden Pleterski, the Canadian man who styled himself as the “Crypto King,” is set to face criminal trial on Oct. 5 in the Ontario Superior Court of Justice. He is expected to represent himself.
Authorities allege that Pleterski defrauded investors of about $30 million between 2021 and 2022 by claiming he could generate high weekly returns.
Canadian authorities filed charges in May 2024 related to fraud and money laundering. According to the report, if Pleterski is convicted on the fraud charge, a single count could carry a maximum prison sentence of 14 years.
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