A court in Toronto has scheduled a trial for Aiden Pleterski, who calls himself the “Crypto King” and is accused of defrauding investors out of over $40 million.
Pleterski appeared via video in Ontario Superior Court on Wednesday afternoon, wearing a black Green Day T-shirt. A judge announced that his four-week jury trial will start on Oct. 5, 2026.
The 26-year-old is said to have invested only a small part of the funds given to him by clients for cryptocurrency and foreign currency trading. Instead, he allegedly spent much of that money on luxury cars, vacations, and a lakeside mansion – all for his personal use.
Pleterski denies these allegations.
Last year, Pleterski was charged with fraud and money laundering. The Durham Regional Police called this case their largest fraud investigation to date.
“It’s alleged that Pleterski solicited funds from investors promising massive profits and also guaranteeing no loss for the original money put out by investors,” said Durham police Chief Peter Moreira last year.
“These investors became concerned when they were unable to access money held by Pleterski and came forward to police.”
Complaints against Pleterski and his company AP Private Equity began in July 2022, leading to a joint investigation between Durham police and the Ontario Securities Commission.
At that time, Moreira did not disclose how many investors had approached law enforcement.
WATCH | Self-proclaimed ‘Crypto King’ arrested:
What we know so far about the fraud charges against Ontario’s ‘Crypto King’
Aiden Pleterski, Ontario’s self-proclaimed Crypto King, is accused of bilking investors out of more than $40M. Police in Whitby, Ont., spoke to the media on Thursday after investigators charged him and an associate with fraud. CBC’s Angelina King breaks down what we know so far about the ongoing case.
Pleterski’s arrest last year was just one twist following a CBC Toronto investigation into him from Whitby, Ont.
Earlier on, one investor was arrested for allegedly kidnapping Pleterski in December 2022. The following year, Canadian NBA star Shai Gilgeous-Alexander successfully sued to back out of his $8.4 million purchase of the mansion where Pleterski once lived.
Pleterski faced bankruptcy due to some investors during the summer of 2022.
On another note, he faces charges including assault, forcible confinement and uttering threats related to an alleged incident involving an intimate partner. Documents filed in a Newmarket court reveal these charges resulted from several incidents with a woman in Vaughan back in January. No trial date has been set for those charges.
![]()
Pleterski was forced into bankruptcy by some investors in the summer of 2022. (aiden_pleterski/Instagram)
Source link
What we know so far about the fraud charges against Ontario’s ‘Crypto King’
Aiden Pleterski, Ontario’s self-proclaimed Crypto King, is accused of bilking investors out of more than $40M. Police in Whitby, Ont., spoke to the media on Thursday after investigators charged him and an associate with fraud. CBC’s Angelina King breaks down what we know so far about the ongoing case.
Pleterski’s arrest last year was just one twist following a CBC Toronto investigation into him from Whitby, Ont.
Earlier on, one investor was arrested for allegedly kidnapping Pleterski in December 2022. The following year, Canadian NBA star Shai Gilgeous-Alexander successfully sued to back out of his $8.4 million purchase of the mansion where Pleterski once lived.
Pleterski faced bankruptcy due to some investors during the summer of 2022.
On another note, he faces charges including assault, forcible confinement and uttering threats related to an alleged incident involving an intimate partner. Documents filed in a Newmarket court reveal these charges resulted from several incidents with a woman in Vaughan back in January. No trial date has been set for those charges.
Source link
